Imagination Technologies Group Given Neutral Rating at BNP Paribas (IMG)
Imagination Technologies Group (LON:IMG)‘s stock had its “neutral” rating restated by research analysts at BNP Paribas in a report released on Monday, Analyst Ratings News reports. They currently have a GBX 310 ($4.97) target price on the stock. BNP Paribas’ price target points to a potential upside of 3.54% from the company’s current price.
Imagination Technologies Group (LON:IMG) opened at 287.10 on Monday. Imagination Technologies Group has a 52 week low of GBX 234.50 and a 52 week high of GBX 559.50. The stock has a 50-day moving average of GBX 279.6 and a 200-day moving average of GBX 350.6. The company’s market cap is £757.7 million.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Imagination Technologies Group in a research note to investors on Thursday. They now have a GBX 275 ($4.41) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Imagination Technologies Group in a research note to investors on Wednesday, September 18th. They now have a GBX 460 ($7.38) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Imagination Technologies Group in a research note to investors on Wednesday, September 18th. They now have a GBX 475 ($7.62) price target on the stock. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 385.98 ($6.19).
Imagination Technologies Group plc is engaged in multimedia and communication technologies. The Company operates in two segments: Technology business and the Pure business.
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