IMI plc (LON:IMI) insider Roy Twite purchased 11 shares of the company’s stock in a transaction on Tuesday, October 11th. The shares were bought at an average price of GBX 1,102 ($13.64) per share, for a total transaction of £121.22 ($150.02).
Shares of IMI plc (LON:IMI) opened at 1077.00 on Thursday. The firm has a 50-day moving average of GBX 1,080.81 and a 200 day moving average of GBX 1,011.65. The company’s market capitalization is GBX 2.92 billion. IMI plc has a 52-week low of GBX 717.00 and a 52-week high of GBX 1,138.00.
The firm also recently announced a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 11th were given a dividend of GBX 14 ($0.17) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 1.31%.
IMI has been the topic of a number of recent analyst reports. Jefferies Group boosted their price target on shares of IMI plc from GBX 955 ($11.82) to GBX 1,090 ($13.49) and gave the stock a “hold” rating in a research report on Wednesday, August 31st. HSBC restated a “hold” rating and set a GBX 1,000 ($12.38) price target on shares of IMI plc in a research report on Tuesday, August 16th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 1,000 ($12.38) target price on shares of IMI plc in a report on Monday, August 1st. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 880 ($10.89) target price on shares of IMI plc in a report on Monday, June 27th. Finally, Societe Generale reiterated a “hold” rating and issued a GBX 1,000 ($12.38) target price on shares of IMI plc in a report on Monday, August 1st. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 957.65 ($11.85).