IMI (LON:IMI) Insider Acquires £171.24 in Stock

IMI plc (LON:IMI) insider Roy Twite acquired 6 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 2,854 per share, for a total transaction of £171.24.

Roy Twite also recently made the following trade(s):

• On Tuesday, January 13th, Roy Twite bought 5 shares of IMI stock. The shares were purchased at an average cost of GBX 2,618 per share, with a total value of £130.90.
• On Tuesday, December 9th, Roy Twite bought 6 shares of IMI stock. The stock was purchased at an average price of GBX 2,476 per share, for a total transaction of £148.56.

IMI Stock Performance

Shares of LON:IMI opened at GBX 2,830 on Friday. The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. IMI plc has a 1 year low of GBX 1,555.96 and a 1 year high of GBX 2,938. The firm has a market capitalization of £6.97 billion, a PE ratio of 30.33, a P/E/G ratio of 1.12 and a beta of 1.08. The business’s 50 day moving average price is GBX 2,620.87 and its 200-day moving average price is GBX 2,426.61.

Analyst Ratings Changes

A number of brokerages have recently commented on IMI. Berenberg Bank increased their target price on shares of IMI from GBX 2,550 to GBX 2,900 and gave the company a “buy” rating in a research report on Thursday, November 6th. Panmure Gordon reaffirmed a “buy” rating and set a GBX 2,760 price objective on shares of IMI in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. increased their price objective on shares of IMI from GBX 2,850 to GBX 2,960 and gave the company an “overweight” rating in a report on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, IMI currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,670.71.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.