Free Trial

IMI (LON:IMI) Reaches New 1-Year High - Should You Buy?

IMI logo with Industrials background

IMI plc (LON:IMI - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 2,090 ($28.05) and last traded at GBX 2,086 ($27.99), with a volume of 413311 shares trading hands. The stock had previously closed at GBX 2,046.99 ($27.47).

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada boosted their price objective on shares of IMI from GBX 2,250 ($30.19) to GBX 2,400 ($32.21) and gave the company an "outperform" rating in a research report on Monday, March 3rd.

Get Our Latest Stock Report on IMI

IMI Trading Down 1.0%

The firm has a market capitalization of £5.23 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 1.12 and a beta of 1.08. The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The firm's 50-day simple moving average is GBX 1,882.88 and its 200 day simple moving average is GBX 1,888.94.

Insider Buying and Selling at IMI

In related news, insider Jackie Callaway purchased 1,046 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was bought at an average cost of GBX 1,971 ($26.45) per share, for a total transaction of £20,616.66 ($27,665.94). Insiders bought a total of 1,074 shares of company stock worth $2,117,162 over the last three months. Corporate insiders own 1.52% of the company's stock.

About IMI

(Get Free Report)

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.

Further Reading

Should You Invest $1,000 in IMI Right Now?

Before you consider IMI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMI wasn't on the list.

While IMI currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines