IMI unveils £200m buyback and raises earnings guidance
26th Apr 2021 07:08
(Sharecast News) - IMI shares rose to a near seven-year high after the company announced a £200m share buyback and raised its guidance for annual earnings.
Read moreThursday broker round-up
11th Mar 2021 13:28
(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.
Read moreTuesday broker round-up
2nd Mar 2021 14:00
(Sharecast News) - Sumo Group: Canaccord upgrades to buy with a target price of 340p.
Read moreMonday broker round-up
1st Mar 2021 13:43
(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.
Read moreIMI 'resilient' as revenue falls, earnings improve
26th Feb 2021 07:42
(Sharecast News) - Engineering firm IMI reported a 3% fall in adjusted revenue in its preliminary results on Friday, to £1.83bn, as it described its organic revenue for 2020 as "resilient", being 4% lower year-on-year.
Read moreWednesday broker round-up
9th Dec 2020 13:46
(Sharecast News) - National Grid: Citigroup upgrades to buy with a target price of 970p.
Read moreIMImobile agrees to £543m takeover by Cisco
7th Dec 2020 11:51
(Sharecast News) - Cisco Systems has agreed to buy IMImobile for £543m in cash to improve the US company's customer experience service.
Read moreTuesday broker round-up
24th Nov 2020 13:33
(Sharecast News) - Glencore: Jefferies upgrades to buy with a target price of 250p.
Read moreJPMorgan upgrades IMI to 'overweight'
24th Nov 2020 10:43
(Sharecast News) - JPMorgan Cazenove upgraded engineer IMI to 'overweight' from 'neutral' on Tuesday and hiked the price target to 1,300p from 1,100p, noting the stock has underperformed over the past five years as a challenging 2014-2018 period led to a dislocation between narrative and financials and resulted in "investor fatigue".
Read moreThursday broker round-up
29th Oct 2020 13:18
(Sharecast News) - Morrison: Barclays upgrades to equal weight and keeps target price at 180p.
Read moreIMI contains direct impact of Covid-19 in Q3
28th Oct 2020 08:04
(Sharecast News) - Specialist engineering company IMI said on Wednesday that it had managed to contain the direct impact of the Covid-19 pandemic.
Read moreBerenberg ups rating on IMI to 'hold'
9th Sep 2020 13:48
(Sharecast News) - Berenberg has upgraded its rating on IMI, arguing that market expectations for the British engineering group are too conservative.
Read moreIMI interims boosted by demand for ventilator parts
24th Jul 2020 07:56
(Sharecast News) - Engineer IMI posted a rise in interim profit on Friday, thanks in part to a temporary surge in demand for ventilator parts due to the coronavirus pandemic, and said it was reinstating its full-year dividend.
Read moreMonday broker round-up
14th Jul 2020 13:31
(Sharecast News) - Rotork: RBC Capital Markets downgrades to underperform with a target price of 275.0p.
Read moreFriday broker round-up
3rd Jul 2020 13:15
(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.
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