Monday broker round-up
21st Jun 2021 13:05
(Sharecast News) - SSE: Jefferies downgrades to hold with a target price of 1,680p.
Read moreIMI shares jump amid market chatter around possible PE interest
1st Jun 2021 16:08
(Sharecast News) - Shares of engineering group IMI jumped in afternoon trading amid speculation of potential interest from private equity.
Read moreWednesday broker round-up
28th Apr 2021 13:26
(Sharecast News) - IDOX: Canaccord downgrades to hold with a target price of 68.0p.
Read moreBerenberg raises target price on IMI
28th Apr 2021 13:01
(Sharecast News) - Analyst at Berenberg raised their target price on flow control specialist IMI from 995.0p to 1,485.0p, stating the group was "quick off the mark".
Read moreLondon open: Stocks dip despite tentative moves to reopen international travel
26th Apr 2021 08:38
(Sharecast News) - Stocks are coming under a little bit of selling pressure at the start of trading on Monday as investors monitor the headlines out of Asia concerning the epidemic and its possible impact on economies.
Read moreIMI 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 more