Imagination Technologies Group Given Buy Rating at Liberum Capital (IMG)
Imagination Technologies Group (LON:IMG)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a report issued on Friday, American Banking and Market News reports. They currently have a GBX 250 ($4.10) target price on the stock. Liberum Capital’s target price would indicate a potential upside of 48.10% from the stock’s previous close.
Imagination Technologies Group (LON:IMG) opened at 168.80 on Friday. Imagination Technologies Group has a 52 week low of GBX 142.20 and a 52 week high of GBX 559.50. The stock has a 50-day moving average of GBX 206.1 and a 200-day moving average of GBX 261.9. The company’s market cap is £448.7 million.
IMG has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Imagination Technologies Group in a research note to investors on Thursday. They now have a GBX 200 ($3.28) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Imagination Technologies Group in a research note to investors on Tuesday. They now have a GBX 185 ($3.03) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Imagination Technologies Group in a research note to investors on Thursday, January 2nd. They now have a GBX 311 ($5.10) price target on the stock. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 284.78 ($4.67).
Imagination Technologies Group plc is engaged in multimedia and communication technologies. The Company operates in two segments: Technology business and the Pure business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.