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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 Pearson gained 2.1% to 817.4p as its first-quarter sales grew 5% year-on-year, underpinned by online learn...
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 another strong performance with group sales, margins, profits and operating cash flow all higher org...