IMI stock rises as Berenberg lifts target to 3,500 pence
Published on 09/04/2026 at 18:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IMI plc (GB00B1905F76) stock trades at GBX 3,048, while Berenberg lifted its price target to GBX 3,500 from GBX 3,300 on September 4, 2026. The latest company update also showed a buyback at an average price of 3,031.9928 pence per share.
Broker call and buyback
According to a Morningstar report on Alliance News broker ratings, Berenberg kept its buy rating on IMI and raised the target to GBX 3,500 on September 4, 2026. IMI's own-share announcement said the group bought 98,600 shares on September 3, 2026 at an average 3,031.9928 pence, with a low of 3,004.00 pence and a high of 3,056.00 pence. After settlement, voting rights were set to 237,966,637 shares.
Market value stays firm
MarketBeat showed IMI at GBX 3,048 on September 4, 2026, with a market capitalization of GBP 7.23 billion, a 52-week range of GBX 1,802.19 to GBX 3,848, and volume of 125,231 shares. The stock is also up 22.3 percent from the 2026 starting level of GBX 2,488, which gives the broker call and the buyback context.
For investors, the key point is the distance between the quote and the fresh target: GBX 3,048 against GBX 3,500 leaves room of 452 pence, or about 14.8 percent.
IMI buyback and rating context
The latest company action and the new broker target give a compact view of how IMI is being valued on September 4, 2026.
Industrial controls business
IMI describes itself as a global leader in fluid and motion control, serving energy, automation and healthcare with valves, actuators and control systems. MarketBeat lists 10,000 employees and annual sales of GBP 2.37 billion, while the company said on July 31, 2026 that it posted trailing twelve-month earnings per share of $63.40 and a net margin of 14.09 percent.
Stock at the close
IMI stock traded at GBX 3,048 on September 4, 2026, with the quote sitting below the 52-week high of GBX 3,848 and above the 52-week low of GBX 1,802.19. The market capitalization stood at GBP 7.23 billion.
IMI stock facts
- Company: IMI plc
- ISIN: GB00B1905F76
- Ticker: LON:IMI
- Trading venue: London Stock Exchange
- Price (as of September 4, 2026): GBX 3,048
- Market capitalization: GBP 7.23 billion (as of September 4, 2026)
- Sector / Industry: Industrials / Machinery
- Index membership: FTSE 100
