Credit Suisse disclosed IMI PLC (LON:IMI), hiking its stock price target to 1,020.00GBX earlier today
- Updated: September 19, 2016
Yesterday IMI PLC (LON:IMI) traded 1.21% higher at 0.00GBX. IMI PLC’s 50-day moving average is 1,069.83GBX and its two hundred day average is 994.22GBX. With the last stock close down 9.03% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. 441,710 shares of the stock exchanged hands, down from ann average trading volume of 692,813.
Stating a possible upside of 0.00%, Credit Suisse upped the estimated target of IMI PLC (LON:IMI) to 1,020GBX
Previously on 8/31/2016, Jefferies International reported about IMI PLC(LON:IMI) upped the target price from 955.00GBX to 1,090.00GBX that indicated a possible upside of 0.02%.
See Graphic Below:
In addition to Credit Suisse reporting it’s stock price target, a total of 15 brokerages have reported on the stock. The 12-month target price is 913.67GBX with two analysts rating the stock a strong buy, one firm rating the stock a buy, 11 firms rating the stock a hold, three firms rating the stock to underperform, and lastly 0 analysts rating the company as sell.
IMI PLC has a PE of 28 with a one-year low of 717.00GBX and a one-year high of 1,111.00GBX and has a market capitalization of 0.0 GBX.
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, and transportation and infrastructure. The Company has manufacturing facilities in approximately 20 countries and operates in global service network.
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