A statement released earlier today by Goldman Sachs about IMI PLC (LON:IMI) maintains the target price at 1,000.00GBX
- Updated: January 11, 2017
Goldman Sachs hold steady the target of IMI PLC (LON:IMI) at 1,000.00GBX stating a potential upside of 0%.
On 01/06/2017, Goldman Sachs released a statement on IMI PLC (LON:IMI) bumped up the target price from 0.00GBX to 1,000.00GBX that suggested a downside of -0.05%.
Boasting a price of 0.00GBX, IMI PLC (LON:IMI) traded 0.75% higher on the day. With the last close down 5.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.05% over the date range. IMI PLC has recorded a 50-day average of 1,004.14GBX and a two hundred day average of 1,023.91GBX. Volume of trade was up over the average, with 756,814 shares of IMI changing hands over the typical 754,709
With a total market value of 0 GBX, IMI PLC has price-earnings ratio of 28.24 with a one year low of 717.00GBX and a one year high of 1,138.00GBX .
A total of 15 analysts have released a research note on IMI. Two analysts rating the company a strong buy, one analyst rating the company a buy, eleven analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 913.67GBX.
More About IMI PLC (LON:IMI)
IMI plc is a United Kingdom-based specialist engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates though the following segments: IMI critical engineering, which provides flow control solutions; IMI precision engineering, which specializes in developing motion and fluid control technologies, and IMI hydronic engineering, which is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors. The Company works with industrial customers across a range of sectors, including energy, transportation and infrastructure. The Company has manufacturing facilities in approximately 20 countries and operates in global service network.
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