Key Points
- Roy Twite, an IMI insider, bought small stakes in three recent transactions—6 shares on Feb 10 at GBX 2,854, 5 shares on Jan 13 at GBX 2,618, and 6 shares on Dec 9 at GBX 2,476—representing about £451 in total purchases.
- IMI shares opened at GBX 2,898 (near a 12‑month high of GBX 2,918) with a market cap of £7.14bn and a P/E of 31.06, and analysts maintain a consensus "Moderate Buy" rating with an average target of GBX 2,670.71 after several target upgrades.
IMI plc (LON:IMI - Get Free Report) insider Luke Grant acquired 5 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was acquired at an average cost of GBX 2,854 per share, with a total value of £142.70.
Luke Grant also recently made the following trade(s):
- On Tuesday, January 13th, Luke Grant bought 6 shares of IMI stock. The shares were purchased at an average cost of GBX 2,618 per share, with a total value of £157.08.
- On Tuesday, December 9th, Luke Grant purchased 6 shares of IMI stock. The stock was acquired at an average cost of GBX 2,476 per share, with a total value of £148.56.
IMI Trading Up 1.6%
LON IMI opened at GBX 2,898 on Thursday. The stock has a market cap of £7.14 billion, a P/E ratio of 31.06, a P/E/G ratio of 1.12 and a beta of 1.08. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. IMI plc has a 12-month low of GBX 1,555.96 and a 12-month high of GBX 2,918. The company has a fifty day simple moving average of GBX 2,606.11 and a two-hundred day simple moving average of GBX 2,419.31.
Analysts Set New Price Targets
Several brokerages recently issued reports on IMI. Panmure Gordon restated a "buy" rating and issued a GBX 2,760 price objective on shares of IMI in a report on Tuesday, November 25th. JPMorgan Chase & Co. upped their target price on IMI from GBX 2,850 to GBX 2,960 and gave the company an "overweight" rating in a report on Thursday, December 4th. Finally, Berenberg Bank boosted their target price on shares of IMI from GBX 2,550 to GBX 2,900 and gave the company a "buy" rating in a report on Thursday, November 6th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,670.71.
Read Our Latest Stock Analysis on IMI
IMI Company Profile
(
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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