IMI plc 1.3% Potential Upside Indicated by UBS

Broker Ratings
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IMI plc with EPIC/TICKER (LON:IMI) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today by analysts at UBS. IMI plc are listed in the Industrials sector within UK Main Market. UBS have set their target price at 1070 GBX on its stock. This indicates the analyst now believes there is a potential upside of 1.3% from today’s opening price of 1056 GBX. Over the last 30 and 90 trading days the company share price has increased 116.5 points and increased 253.5 points respectively. The 1 year high stock price is 1214.5 GBX while the year low share price is currently 619.8 GBX.

IMI plc has a 50 day moving average of 951.38 GBX and a 200 day moving average of 1,002.47. There are currently 272,214,348 shares in issue with the average daily volume traded being 559,963. Market capitalisation for LON:IMI is £2,885,472,088 GBP.

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    IMI plc reports a 7% increase in revenue and 12% growth in profit before tax for the year ending 31 December 2023. CEO Roy Twite highlights the company's purpose-led strategy and strong financial performance.

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