Analyst Andrew Douglas of Jefferies maintained a Buy rating on IMI plc, boosting the price target to p2,490.00.
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Andrew Douglas has given his Buy rating due to a combination of factors including IMI plc’s strong performance in their interim results and a stable outlook for the future. The company’s first-half results for 2025 align well with expectations, and management has maintained their earnings per share guidance, indicating confidence in their financial stability.
Moreover, the order books in both Process Automation and Industrial Automation show positive trends, suggesting potential growth in these areas. The company’s balance sheet is robust, with leverage expected to remain low, providing opportunities for mergers and acquisitions. These elements contribute to IMI being one of the most favored industrial stocks in the UK according to Douglas’s analysis.
Douglas covers the Industrials sector, focusing on stocks such as IMI plc, RHI Magnesita NV, and Bodycote. According to TipRanks, Douglas has an average return of 6.0% and a 58.16% success rate on recommended stocks.
In another report released on July 30, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a p2,562.00 price target.