IMI’s (IMI) “Buy” Rating Reiterated at Goldman Sachs Group

Goldman Sachs Group reaffirmed their buy rating on shares of IMI (LON:IMI) in a report published on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also recently commented on the company. Deutsche Bank upgraded RDS-A from a hold rating to a buy rating in a research note on Monday, May 13th. Peel Hunt restated a buy rating on shares of Lookers in a research note on Monday, July 8th. UBS Group reiterated a buy rating and issued a GBX 285 ($3.72) price objective on shares of in a research note on Friday, June 21st. Credit Suisse Group initiated coverage on Yunji in a research note on Wednesday, July 3rd. They issued an outperform rating and a $14.50 price objective on the stock. Finally, Liberum Capital reiterated a hold rating on shares of Barratt Developments in a research note on Thursday, May 9th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. IMI has a consensus rating of Hold and a consensus price target of GBX 1,078.33 ($14.09).

LON:IMI opened at GBX 991 ($12.95) on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.37 and a debt-to-equity ratio of 80.56. The stock’s fifty day moving average price is GBX 983.87. IMI has a 52 week low of GBX 867.50 ($11.34) and a 52 week high of GBX 1,268 ($16.57). The firm has a market capitalization of $2.70 billion and a PE ratio of 15.88.

IMI Company Profile

IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.

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Analyst Recommendations for IMI (LON:IMI)

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