Shares of IMI plc (OTCMKTS:IMIAF) have earned an average recommendation of “Hold” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.
A number of equities analysts recently weighed in on IMIAF shares. UBS Group reissued a “neutral” rating on shares of IMI in a report on Monday, July 27th. Royal Bank of Canada reissued an “outperform” rating on shares of IMI in a research report on Monday, August 3rd. Morgan Stanley reaffirmed an “equal weight” rating on shares of IMI in a report on Tuesday, July 28th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of IMI in a report on Monday, July 27th. Finally, Barclays restated an “overweight” rating on shares of IMI in a research note on Tuesday, July 28th.
IMIAF stock remained flat at $$13.40 during midday trading on Friday. The business has a fifty day moving average price of $13.79 and a two-hundred day moving average price of $11.70. IMI has a 1-year low of $8.12 and a 1-year high of $15.69.
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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