Imi Share Discussion Threads

[philanderer] 15/4/2024 10:33

RBC raises IMI price target to 2,250 (2,150) pence - 'outperform'

[philanderer] 08/4/2024 09:51

IMI is ‘cheap’ given the potential, says Jefferies


Engineering group IMI (IMI) is undervalued and underappreciated, according to Jefferies.

Analyst Kean Marden reiterated his ‘buy’ recommendation and increased the target price from £20.90 to £21.95 on the Citywire Elite Companies plus-rated stock, which shed 2% to £17.74 on Friday.

IMI is one of Marden’s ‘most preferred UK industrials’ and its recent results and ‘fireside chat’ with the analyst ‘reaffirmed our positive stance and view of the equity story’.

‘In particular, we are upbeat on the group’s [pre-tax profits] margin and cash generation profile, and believe the street is undervaluing and underappreciating the group’s strengths, qualities and outlook,’ he said.

Marden said IMI is a ‘quality business, is well-managed, has a positive outlook and healthy balance sheet, has plenty of improvement potential, and trades on a modest multiple.’

‘The shares are cheap, especially given the group’s improvement potential,’ he said


citywire.com

[philanderer] 04/4/2024 11:30

Jefferies raises IMI price target to 2,195 (2,090) pence - 'buy'

[philanderer] 28/3/2024 00:20

IMI has appointed technical hydrogen expert Dr Cornelia Neumann as its new Sales and Business Development Manager.

She will be responsible for growing the company’s portfolio of hydrogen customers across Germany, in key sectors such as transport, power and industry.

[philanderer] 27/3/2024 00:52

Nearly 50 minute video

[yellowstoneadvisory] 25/3/2024 08:33

Investor Webinar at 1pm today.

Luke Grant, Head of Investor Relations and Group Financial Controller and Edward Hann, Investor Relations Analyst will provide an introduction to IMI plc and update on performance following the publication of the FY results which were released on 1st March. Register

[philanderer] 23/3/2024 00:03

IMI - Retail Investor Webinar on monday.

[philanderer] 07/3/2024 10:02

UBS raises IMI price target to 1,860 (1,555) pence - 'neutral

[yellowstoneadvisory] 05/3/2024 15:50

IMI - excellent FY results, slightly ahead of expectations. Strong growth expected in 2024. Hear the story at a webinar for private investors on 25/3 at 1pm
Register

[our haven] 01/3/2024 14:37

I am happy to hold this quality company.

[redartbmud] 01/3/2024 11:22

20 minutesbehind the curve.
I would have been happy to top up at 11.00am.

Bother

red

[philanderer] 01/3/2024 10:49

Davy starts IMI with 'outperform' - price target 2,500 pence

[redartbmud] 01/3/2024 09:08

EI

Premature exit.
There is still plenty of gas in the tank going forward.


red

[essentialinvestor] 01/3/2024 08:46

I'm out as well, been a very nice run. Luck to holders.

[johnrxx99] 01/3/2024 08:45

But not consensus, so a miss. Out

[our haven] 01/3/2024 08:02

Looks like a hit to me with revenue and profits up.

[johnrxx99] 01/3/2024 07:04

Looks like a miss to me. Down on PBT and EPS.

[philanderer] 29/2/2024 15:36

Results tomorrow.

[johnrxx99] 27/2/2024 08:30

Interims Thursday - can it bust the 18 quid?

[johnrxx99] 16/2/2024 15:59

A little further to an all time high but 18 quid will be hard to break perhaps.

[philanderer] 31/1/2024 14:09

Could be a bit tricky to get above 1700p so quickly .

[redartbmud] 30/1/2024 20:39

An train wreck about to unfold.

JP - a one man unprinatble:
"IMI plc (the "Company" or "IMI") today announces that Jamie Pike will be appointed as Chair of the IMI Board and the Nomination Committee with effect from 1 January 2025"

Xpp nearly bankrupted uner hos watch.
Spx CEO succession plan - I have no words that adequately conveys my opinion.

red

[philanderer] 30/1/2024 19:03

IMI electrolyser becomes operational at university’s aviation research centre





IMI VIVO Electrolyser

[philanderer] 30/1/2024 18:48

upgrade yesterday....

Berenberg upgrades IMI on turnaround strength


Berenberg has upgraded fluid control component manufacturer IMI (IMI) on the strength of its ‘turnaround equity story’.

Analyst Calum Battersby upgraded his recommendation from ‘hold’ to ‘buy’ and increased his recommendation from £16.05 to £19.50 on the Citywire Elite Companies A-rated stock that was trading at £16.75 on Monday.

‘We think IMI is an excellent example of a turnaround equity story, where the quality of the underlying business, in terms of margins, returns and future growth profile, has significantly improved, although where this is yet to really play out is in the company’s valuation,’ Battersby said.

Battersby said that the business is benefiting from improved end-market outlooks and ‘looks to be both more resilient to periods of economic weakness –as evidenced through 2023 – and capable of a more consistent future organic growth profile’.

He is expecting a ‘material increase’ in free cashflow over the coming years as the business benefits from growing earnings, the end of its five-year restructuring programme and ‘normalising working capital levels’.

‘As evidence of this improved outlook becomes clear to investors, we believe there is clear re-rating potential for IMI,’ said Battersby.


CITYWIRE.COM

[philanderer] 30/1/2024 15:30

In for a few today and going in the right direction for a change after buying :-)