IMI plc (LON:IMI) has earned a consensus rating of “Hold” from the fifteen research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,189.09 ($15.54).

A number of equities research analysts recently weighed in on IMI shares. Peel Hunt reissued an “add” rating on shares of IMI in a research report on Thursday, November 8th. Deutsche Bank decreased their target price on IMI from GBX 1,475 ($19.27) to GBX 1,185 ($15.48) and set a “buy” rating on the stock in a research report on Friday, November 9th. Jefferies Financial Group reissued a “buy” rating on shares of IMI in a research report on Wednesday, September 5th. Credit Suisse Group downgraded IMI to a “neutral” rating and decreased their target price for the stock from GBX 1,340 ($17.51) to GBX 1,250 ($16.33) in a research report on Friday, October 5th. Finally, UBS Group reissued a “neutral” rating on shares of IMI in a research report on Friday, September 14th.

IMI stock traded down GBX 22.50 ($0.29) during trading on Monday, reaching GBX 890 ($11.63). 3,110,832 shares of the stock were exchanged, compared to its average volume of 997,118. IMI has a twelve month low of GBX 1,093 ($14.28) and a twelve month high of GBX 1,453 ($18.99).

About IMI

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

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Analyst Recommendations for IMI (LON:IMI)

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