JPMorgan Chase & Co. Reiterates Neutral Rating for IMI (IMI)
JPMorgan Chase & Co. reiterated their neutral rating on shares of IMI (LON:IMI) in a research note published on Friday. JPMorgan Chase & Co. currently has a GBX 1,315 ($18.44) price objective on the stock.
A number of other research analysts have also recently issued reports on IMI. Deutsche Bank reissued a hold rating and issued a GBX 1,170 ($16.40) price objective on shares of IMI in a research note on Thursday, October 12th. Peel Hunt reissued a hold rating and issued a GBX 1,250 ($17.53) price objective on shares of IMI in a research note on Monday, January 22nd. Liberum Capital reissued a buy rating and issued a GBX 1,460 ($20.47) price objective on shares of IMI in a research note on Monday, January 22nd. Numis Securities reissued a reduce rating and issued a GBX 1,125 ($15.77) price objective on shares of IMI in a research note on Friday, December 15th. Finally, Barclays reissued an overweight rating and issued a GBX 1,460 ($20.47) price objective on shares of IMI in a research note on Monday, December 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 1,323.75 ($18.56).
IMI (IMI) opened at GBX 1,277 ($17.91) on Friday. The stock has a market cap of $3,470.00 and a P/E ratio of 2,280.36. IMI has a one year low of GBX 1,111 ($15.58) and a one year high of GBX 1,453 ($20.37).
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IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.
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