Jamie Pike Purchases 3,508 Shares of IMI (LON:IMI) Stock

Key Points

  • Jamie Pike purchased 3,508 shares of IMI plc on March 6 at an average price of GBX 2,848 per share, a transaction totaling £99,907.84.
  • IMI shares opened at GBX 2,743 (down ~2.5%) with a 12‑month range of GBX 1,555.96–3,848 and a market cap of £6.75bn; the company reported GBX 132.30 EPS and analysts have a consensus Moderate Buy rating with an average target of GBX 2,670.71.

IMI plc (LON:IMI - Get Free Report) insider Jamie Pike purchased 3,508 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average price of GBX 2,848 per share, for a total transaction of £99,907.84.

IMI Stock Down 2.5%

IMI stock opened at GBX 2,743 on Tuesday. IMI plc has a twelve month low of GBX 1,555.96 and a twelve month high of GBX 3,848. The company has a quick ratio of 0.80, a current ratio of 1.50 and a debt-to-equity ratio of 58.04. The firm has a market cap of £6.75 billion, a PE ratio of 29.40, a price-to-earnings-growth ratio of 1.12 and a beta of 1.05. The business has a 50 day moving average of GBX 2,739.14 and a 200 day moving average of GBX 2,496.07.

IMI (LON:IMI - Get Free Report) last released its earnings results on Friday, March 6th. The company reported GBX 132.30 EPS for the quarter. IMI had a return on equity of 24.91% and a net margin of 14.33%. On average, research analysts forecast that IMI plc will post 137.9737609 EPS for the current fiscal year.

Wall Street Analyst Weigh In

IMI has been the topic of a number of analyst reports. Panmure Gordon reiterated a "buy" rating and issued a GBX 2,760 price target on shares of IMI in a research note on Tuesday, November 25th. JPMorgan Chase & Co. lifted their target price on shares of IMI from GBX 2,850 to GBX 2,960 and gave the stock an "overweight" rating in a report on Thursday, December 4th. Six equities 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.com, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 2,670.71.




Read 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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