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IMI Imi Plc

1,858.00
56.00 (3.11%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Imi Plc LSE:IMI London Ordinary Share GB00BGLP8L22 ORD 28 4/7P
  Price Change % Change Share Price Shares Traded Last Trade
  56.00 3.11% 1,858.00 400,260 16:35:01
Bid Price Offer Price High Price Low Price Open Price
1,860.00 1,861.00 1,862.00 1,756.00 1,800.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 2.2B 237.3M 0.9076 20.48 4.71B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:01 UT 188,856 1,858.00 GBX

Imi (IMI) Latest News (12)

Imi News

Date Time Source Headline
26/7/202414:08UK RNSIMI PLC Transaction in Own Shares
26/7/202409:25ALNCNewsTOP NEWS: IMI lifts dividend, plans buyback as profit up; CFO to exit
26/7/202407:01UK RNSIMI PLC Board Change
26/7/202407:00UK RNSIMI PLC Interim Results
10/7/202415:12UK RNSIMI PLC Director/PDMR Shareholding
01/7/202414:20UK RNSIMI PLC Block listing Interim Review
01/7/202414:17UK RNSIMI PLC Total Voting Rights
12/6/202416:49UK RNSIMI PLC Director/PDMR Shareholding
03/6/202411:16UK RNSIMI PLC Total Voting Rights
15/5/202413:54UK RNSIMI PLC Director/PDMR Shareholding

Imi (IMI) Discussions and Chat

Imi Forums and Chat

Date Time Title Posts
26/7/202412:18IMI493
29/2/202415:36IMI with charts17
07/11/201816:46IMI plc (IMI) One to Watch on Tuesday 4
21/9/200409:35IMIWEB27
09/3/200313:37IMI group a load of shite9

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Imi (IMI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:011,858.00188,8563,508,944.48UT
2024-07-26 15:29:571,859.007130.13AT
2024-07-26 15:29:561,859.008148.72AT
2024-07-26 15:29:561,859.001041,933.36AT
2024-07-26 15:29:561,859.0015278.85AT

Imi (IMI) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Imi Daily Update
Imi Plc is listed in the Manufacturing Industries,nec sector of the London Stock Exchange with ticker IMI. The last closing price for Imi was 1,802p.
Imi currently has 261,466,692 shares in issue. The market capitalisation of Imi is £4,860,665,804.
Imi has a price to earnings ratio (PE ratio) of 20.48.
This morning IMI shares opened at 1,800p
Posted at 26/7/2024 12:18 by philanderer
IMI rose 2.2% after what broker Peel Hunt called a "robust" set of interim results.

The Birmingham-based engineering firm declared a 10% improved interim dividend and announced a GBP100 million share buyback, following a rise in half-year profit.

IMI said pretax profit was GBP162.5 million, up 17% from GBP138.5 million a year before, as revenue inched up 1.3% to GBP1.10 billion from GBP1.08 billion.

The firm also said Chief Financial Officer Daniel Shook will leave next year, though no earlier than May, after nine years with the company.

Peel Hunt noted organic revenue growth of 5% compared to 4% in the first quarter, making IMI one of the few companies in the sector that has seen an acceleration.


Alliance News
Posted at 25/6/2024 23:59 by philanderer
The Telegraph

Questor: This valve maker could keep returns flowing

Questor says: buy

Ticker: IMI

Share price: £17.80
Posted at 25/6/2024 12:24 by philanderer
JPMorgan raises IMI price target to 2,200 (1,850) pence - 'overweight'
Posted at 22/5/2024 11:33 by philanderer
Goldman Sachs raises IMI price target to 2,150 (2,020) pence - 'buy'
Posted at 14/5/2024 09:34 by philanderer
Barclays raises IMI price target to 2,160 (1,960) pence - 'overweight'
Posted at 15/4/2024 10:33 by philanderer
RBC raises IMI price target to 2,250 (2,150) pence - 'outperform'
Posted at 08/4/2024 09:51 by philanderer
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
Posted at 04/4/2024 11:30 by philanderer
Jefferies raises IMI price target to 2,195 (2,090) pence - 'buy'
Posted at 07/3/2024 10:02 by philanderer
UBS raises IMI price target to 1,860 (1,555) pence - 'neutral
Posted at 30/1/2024 18:48 by philanderer
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
Imi share price data is direct from the London Stock Exchange