Imagination Technologies Group Stock Rating Reaffirmed by FinnCap (IMG)
Imagination Technologies Group (LON:IMG)‘s stock had its “hold” rating reiterated by research analysts at FinnCap in a report released on Thursday, American Banking and Market News reports.
A number of other firms have also recently commented on IMG. Analysts at Jefferies Group reiterated a “buy” rating on shares of Imagination Technologies Group in a research note to investors on Thursday. They now have a GBX 364 ($5.98) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Imagination Technologies Group in a research note to investors on Monday, January 27th. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Imagination Technologies Group in a research note to investors on Monday, January 27th. They now have a GBX 311 ($5.11) price target on the stock. Five analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the stock. Imagination Technologies Group presently has a consensus rating of “Hold” and a consensus price target of GBX 271.31 ($4.46).
Shares of Imagination Technologies Group (LON:IMG) traded up 12.32% on Thursday, hitting GBX 185.10. 6,724,110 shares of the company’s stock traded hands. Imagination Technologies Group has a 52-week low of GBX 142.20 and a 52-week high of GBX 559.50. The stock’s 50-day moving average is GBX 177.5 and its 200-day moving average is GBX 246.7. The company’s market cap is £492.0 million.
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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