Shares of IMI plc (OTCMKTS:IMIAY – Get Free Report) have received an average rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company.
IMIAY has been the subject of a number of research reports. Barclays lifted their target price on IMI from GBX 1,750 ($22.10) to GBX 1,960 ($24.75) in a report on Tuesday, August 8th. JPMorgan Chase & Co. lifted their price objective on shares of IMI from GBX 1,900 ($24.00) to GBX 1,920 ($24.25) in a research note on Monday, July 17th.
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About IMI
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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