IMI plc 6.5% Potential Upside Indicated by UBS

Broker Ratings
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IMI plc with EPIC/TICKER (LON:IMI) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. IMI plc are listed in the Industrials sector within UK Main Market. UBS have set their target price at 1010 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.5% from the opening price of 948.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 54.6 points and decreased 15.8 points respectively. The 52 week high for the share price is currently at 1237 GBX while the 52 week low for the share price is 867.5 GBX.

IMI plc has a 50 day moving average of 1,014.08 GBX and a 200 Day Moving Average share price is recorded at 987.22. There are currently 272,104,165 shares in issue with the average daily volume traded being 628,188. Market capitalisation for LON:IMI is £2,527,847,692 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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