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IMI PLC (LON:IMI) target price raised to 1,400.00GBX, reported today by Exane BNP Paribas

In a report released on 02/10/2017 Exane BNP Paribas increased the stock price target of IMI PLC (LON:IMI) from 1,150.00GBX to 1,400.00GBX indicating a possible upside of 0.16%.

Previously on Thursday January 26, 2017, Credit Suisse reported on IMI PLC (LON:IMI) increased the target price from 1,020.00GBX to 1,220.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday IMI PLC (LON:IMI) traded 1.50% higher at 1,210.50GBX. The company’s 50-day moving average is 1,104.16GBX and its 200-day moving average is 1,051.38GBX. The last closing price is up 15.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 750,130 shares of the stock traded hands, down from an average trading volume of 757,300

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IMI PLC (LON:IMI)

IMI PLC has a 52 week low of 751.00GBX and a 52 week high of 1,223.00GBX with a P/E ratio of 31.99 The company’s market cap is currently 0 GBX.

In addition to Exane BNP Paribas reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is 913.67GBX with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 11 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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