Page 2 - Lon Imi News Today

IMI (LON:IMI – Get Rating)‘s stock had its “outperform” rating restated by research analysts at Royal Bank of Canada in a report released on Thursday, Marketbeat Ratings reports. They currently have a GBX 2,000 ($26.33) target price on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 43.06% from the […]

IMI plc (LON:IMI – Get Rating) insider Daniel Shook acquired 9 shares of the business’s stock in a transaction on Tuesday, March 8th. The shares were purchased at an average price of GBX 1,315 ($17.23) per share, for a total transaction of £118.35 ($155.07). Shares of IMI traded up GBX 61 ($0.80) during trading hours […]

Royal Bank of Canada reissued their outperform rating on shares of IMI (LON:IMI – Get Rating) in a research report released on Friday morning, Digital Look reports. The firm currently has a GBX 2,150 ($29.24) price objective on the stock. A number of other research analysts also recently commented on IMI. Peel Hunt reiterated a […]

26 April 2021 | 08:30am StockMarketWire.com - UK stocks opened lower on Monday as a strengthening pound put pressure on exporters, while rampant Covid-19 outbreaks in countries such as India and Brazil continued to temper global recovery hopes. Sentiment, however, was at least being partly bolstered by some earnings upgrades from local mid- and small-cap companies. At 0817, the benchmark FTSE 100 index was down 19.35 points, or 0.3%, at 6,919.21. Educational publishing and services group Pearso...

26 April 2021 | 07:44am StockMarketWire.com - Engineering company IMI upgraded its guidance on annual earnings following strong performance in the first quarter of the year amid improving trends in across its major end markets. For full year 2021, guidance for adjusted earnings per share was lifted to 81p to 87p from 75p to 82p prior. The company also said it now had confidence that IMI would become a sustainable 18% to 20% margin business over time. The first quarter of 2021 has delivered ano...

26 April 2021 | 16:37pm StockMarketWire.com - After struggling for direction for much of the day the FTSE 100 strengthened this afternoon, bolstered by a decent open on Wall Street. By the close the index was up 0.35% at 6,963.12 with the S&P 500 in the US gaining 0.3% to 4,192.63 by 4.30pm UK time. Educational publishing and services group Pearson gained 3% to 824.8p as its first-quarter sales grew 5% year-on-year, underpinned by online learning. Pearson stuck to its previous annual guidance. ...

FTSE 100 flat amid fears over worsening Covid situation in India

26 February 2021 | 09:27am StockMarketWire.com - The FTSE 100 opened in the red after a US government bonds sell-off sparked fears interest rates could rise. The index was down 0.21% at 0845GMT to 6,638.00 points. The FTSE 250 recorded a fall of 0.52%% to 21,087.87 points. British Airways owner IAG swung to an annual loss as the pandemic-led slump in air travel triggered a sharp decline in revenue. For the year ended 31 December, the company swung to a pre-tax loss of €7.43 billion from a pro...

26 February 2021 | 07:40am StockMarketWire.com - Engineering company IMI reported a rise in profit as cost cuts offset a slip in revenue on weaker performance in its motion control and commercial vehicle businesses. For the year ended 31 December, pre-tax profit rose 11% to £227 million year-on-year, while revenue slipped 3% to £1.83 billion. Following its decision to reset its dividend cover ratio, the company proposed a final dividend of 15.0 pence, down from 26.2 pence, taking the total...

Imimobile ceases trading on LSE amid impending takeover by Cisco