Key Points
- Insider buying: Roy Twite purchased 6 shares of IMI on Dec 9 at GBX 2,476 (total £148.56), continuing earlier small buys on Nov 11 (6 shares at GBX 2,486) and Oct 14 (7 shares at GBX 2,276).
- Analyst sentiment: Six analysts rate IMI a Buy and one a Hold, giving an average rating of Moderate Buy and an average price target of GBX 2,670.71, above the recent price near GBX 2,442.
- Price and fundamentals: IMI trades within a one‑year range of GBX 1,555.96–2,572, has a market cap of £6.01bn and a P/E of 26.17, with 50‑day/200‑day moving averages at GBX 2,386.45 and GBX 2,247.53.
IMI plc (LON:IMI - Get Free Report) insider Roy Twite acquired 6 shares of the firm's stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of GBX 2,476 per share, with a total value of £148.56.
Roy Twite also recently made the following trade(s):
- On Tuesday, November 11th, Roy Twite bought 6 shares of IMI stock. The shares were acquired at an average cost of GBX 2,486 per share, for a total transaction of £149.16.
- On Tuesday, October 14th, Roy Twite purchased 7 shares of IMI stock. The shares were acquired at an average price of GBX 2,276 per share, with a total value of £159.32.
IMI Price Performance
Shares of IMI opened at GBX 2,442 on Thursday. IMI plc has a one year low of GBX 1,555.96 and a one year high of GBX 2,572. The stock's fifty day moving average is GBX 2,386.45 and its 200-day moving average is GBX 2,247.53. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36. The firm has a market capitalization of £6.01 billion, a price-to-earnings ratio of 26.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08.
Wall Street Analyst Weigh In
IMI has been the topic of several research analyst reports. Royal Bank Of Canada cut shares of IMI to a "sector perform" rating and raised their target price for the company from GBX 2,475 to GBX 2,500 in a research note on Tuesday, October 14th. Panmure Gordon reiterated a "buy" rating and set a GBX 2,760 price objective on shares of IMI in a research note on Tuesday, November 25th. JPMorgan Chase & Co. upped their target price on IMI from GBX 2,850 to GBX 2,960 and gave the stock an "overweight" rating in a research report on Thursday, December 4th. Finally, Berenberg Bank increased their price target on IMI from GBX 2,550 to GBX 2,900 and gave the company a "buy" rating in a research note on Thursday, November 6th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, IMI currently has an average rating of "Moderate Buy" and an average price target of GBX 2,670.71.
View Our Latest Analysis on IMI
About IMI
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
