Zacks Investment Research Upgrades IMI PLC/S (IMIAY) to Hold

Zacks Investment Research upgraded shares of IMI PLC/S (OTCMKTS:IMIAY) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

According to Zacks, “IMI PLC is an engineering company. It provides designs, manufactures and services for engineered products which control the movement of fluids. The company primarily serves energy, transportation and infrastructure sector. IMI PLC is headquartered in Birmingham, the United Kingdom. “

IMIAY has been the subject of a number of other research reports. Royal Bank of Canada initiated coverage on shares of IMI PLC/S in a research note on Tuesday, November 20th. They issued a sector perform rating for the company. Credit Suisse Group cut shares of IMI PLC/S from a neutral rating to an underperform rating in a research note on Friday, December 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold.

OTCMKTS:IMIAY opened at $31.48 on Wednesday. IMI PLC/S has a one year low of $22.34 and a one year high of $33.15.

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