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The latest update is out from IMI plc ( (GB:IMI) ).
IMI plc announced a series of share transactions involving Ruth Grant, a former employee and person closely associated with Luke Grant, the Chief Financial Officer. These transactions, conducted under the IMI Employee Share Ownership Plan and the HMRC Employee Share Ownership Plan, included both the sale and acquisition of shares on the London Stock Exchange. This notification, in compliance with the Market Abuse Regulation, highlights the company’s ongoing commitment to transparency in its financial dealings.
The most recent analyst rating on (GB:IMI) stock is a Buy with a £2534.00 price target. To see the full list of analyst forecasts on IMI plc stock, see the GB:IMI Stock Forecast page.
Spark’s Take on GB:IMI Stock
According to Spark, TipRanks’ AI Analyst, GB:IMI is a Outperform.
IMI plc’s overall stock score reflects its strong financial performance and positive earnings call, which highlight resilience and growth potential. Technical indicators support a stable outlook, though valuation concerns slightly dampen the score. The absence of significant corporate events maintains focus on core financial and operational metrics.
To see Spark’s full report on GB:IMI stock, click here.
More about IMI plc
IMI plc operates in the engineering sector, focusing on the design, manufacturing, and servicing of engineered products that control the precise movement of fluids. The company serves various industries, including energy, transportation, and infrastructure, with a market focus on providing innovative solutions for complex flow control applications.
Average Trading Volume: 769,064
Technical Sentiment Signal: Buy
Current Market Cap: £5.6B
Find detailed analytics on IMI stock on TipRanks’ Stock Analysis page.