Liberum Capital reissued their buy rating on shares of Imagination Technologies Group plc (LON:IMG) in a research report report published on Thursday, September 14th. They currently have a GBX 193 ($2.60) price target on the communications company’s stock.
IMG has been the subject of several other reports. J P Morgan Chase & Co restated a neutral rating and issued a GBX 95 ($1.28) price objective on shares of Imagination Technologies Group plc in a report on Tuesday, September 5th. Credit Suisse Group restated a neutral rating on shares of Imagination Technologies Group plc in a report on Friday, July 21st. Finally, Investec restated a hold rating and issued a GBX 160 ($2.16) price objective on shares of Imagination Technologies Group plc in a report on Wednesday, July 5th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 142.27 ($1.92).
Imagination Technologies Group plc (LON:IMG) opened at 128.50 on Thursday. The company’s market cap is GBX 363.61 million. Imagination Technologies Group plc has a 52-week low of GBX 76.00 and a 52-week high of GBX 297.50. The company has a 50-day moving average of GBX 135.21 and a 200 day moving average of GBX 148.08.
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About Imagination Technologies Group plc
Imagination Technologies Group PLC is a global technology company engaged in intellectual property (IP) licensing activities. The Company is involved in the creation and licensing of semiconductor processor IP for graphics, video and vision processing, general purpose and embedded processing (central processing unit and microcontroller), and multi-standard communications to enable connectivity.
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