Key Points
- Insider buying: IMI director Roy Twite made repeated small purchases—5 shares on Jan 13 at GBX 2,618 each (total £130.90), and prior buys of 6 shares on Dec 9 at GBX 2,476 (£148.56) and 6 shares on Nov 11 at GBX 2,486 (£149.16).
- Analyst outlook and valuation: Six analysts rate IMI a Buy and one a Hold (average "Moderate Buy") with an average target of GBX 2,670.71, while the stock trades around GBX 2,618 with a market cap of £6.45bn and a P/E of 28.06.
IMI plc (LON:IMI - Get Free Report) insider Roy Twite purchased 5 shares of the stock in a transaction on Tuesday, January 13th. The shares were purchased at an average price of GBX 2,618 per share, for a total transaction of £130.90.
Roy Twite also recently made the following trade(s):
- On Tuesday, December 9th, Roy Twite acquired 6 shares of IMI stock. The shares were purchased at an average price of GBX 2,476 per share, for a total transaction of £148.56.
- On Tuesday, November 11th, Roy Twite bought 6 shares of IMI stock. The stock was purchased at an average price of GBX 2,486 per share, with a total value of £149.16.
IMI Stock Down 0.2%
Shares of LON IMI opened at GBX 2,618 on Thursday. The stock has a market capitalization of £6.45 billion, a P/E ratio of 28.06, a PEG ratio of 1.12 and a beta of 1.08. IMI plc has a one year low of GBX 1,555.96 and a one year high of GBX 2,655.60. The firm's 50 day simple moving average is GBX 2,476.86 and its two-hundred day simple moving average is GBX 2,333.58. The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80.
Wall Street Analysts Forecast Growth
IMI has been the subject of several recent research reports. Royal Bank Of Canada downgraded shares of IMI to a "sector perform" rating and boosted their price target for the stock from GBX 2,475 to GBX 2,500 in a research note on Tuesday, October 14th. Berenberg Bank lifted their price objective on IMI from GBX 2,550 to GBX 2,900 and gave the stock a "buy" rating in a report on Thursday, November 6th. JPMorgan Chase & Co. boosted their target price on IMI from GBX 2,850 to GBX 2,960 and gave the company an "overweight" rating in a research note on Thursday, December 4th. Finally, Panmure Gordon restated a "buy" rating and set a GBX 2,760 target price on shares of IMI in a report on Tuesday, November 25th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price 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. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.
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