IMI plc 19.4% Potential Upside Indicated by Goldman Sachs

Broker Ratings

IMI plc with EPIC/TICKER (LON:IMI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. IMI plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set their target price at 1120 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.4% from the opening price of 938 GBX. Over the last 30 and 90 trading days the company share price has decreased 41 points and increased 157 points respectively. The 52 week high for the share price is currently at 1214.5 GBX while the 52 week low for the stock is 619.8 GBX.

IMI plc has a 50 day moving average of 907.52 GBX and the 200 Day Moving Average price is recorded at 1,000.42. There are currently 272,214,348 shares in issue with the average daily volume traded being 581,208. Market capitalisation for LON:IMI is £2,610,535,597 GBP.

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