IMI (LON:IMI) Receives “Overweight” Rating from Barclays

Barclays reaffirmed their overweight rating on shares of IMI (LON:IMIGet Rating) in a research note published on Tuesday, reports. The firm currently has a GBX 1,750 ($20.56) price target on the stock.

IMI Trading Down 1.3 %

Shares of IMI stock opened at GBX 1,419 ($16.67) on Tuesday. The firm has a market capitalization of £3.70 billion and a price-to-earnings ratio of 1,833.33. IMI has a fifty-two week low of GBX 1,069 ($12.56) and a fifty-two week high of GBX 1,878 ($22.07). The company has a debt-to-equity ratio of 103.53, a quick ratio of 0.80 and a current ratio of 1.33. The stock has a 50 day moving average of GBX 1,205.52 and a 200 day moving average of GBX 1,239.77.

IMI Company Profile

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IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering division develops motion and fluid control technologies for industrial automation, commercial vehicle, life sciences, energy, and rail applications.

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Analyst Recommendations for IMI (LON:IMI)

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