What Will The Effects of a HSBC Upgrade Be For IMI PLC (IMIAY) Shares?

July 13, 2018 - By Russell Jones

IMI PLC (IMIAY) Stock Upgrade

In a research note published on Friday, 13 July, HSBC announced that they have decided to upgrade shares of IMI PLC (IMIAY) stock from a “Hold” to a “Buy”.

It closed at $31.48 lastly. It is down 0.00% since July 13, 2017 and is . It has underperformed by 12.57% the S&P500.

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company has market cap of $3.90 billion. The company's IMI Critical Engineering division offers critical flow control solutions. It has a 19.92 P/E ratio. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.