Imagination Technologies Group plc Receives “Hold” Rating from FinnCap (IMG)
Imagination Technologies Group plc (LON:IMG)‘s stock had its “hold” rating restated by analysts at FinnCap in a research report issued to clients and investors on Tuesday. They currently have a GBX 165 ($2.81) target price on the stock. FinnCap’s price target suggests a potential downside of 34.39% from the company’s current price.
Shares of Imagination Technologies Group plc (LON:IMG) traded up 7.71% on Tuesday, hitting GBX 251.50. The stock had a trading volume of 1,904,389 shares. Imagination Technologies Group plc has a 52 week low of GBX 142.20 and a 52 week high of GBX 365.70. The stock has a 50-day moving average of GBX 224.3 and a 200-day moving average of GBX 195.3. The company’s market cap is £668.5 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Imagination Technologies Group plc in a research note on Friday. They now have a GBX 210 ($3.57) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Imagination Technologies Group plc in a research note on Friday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Imagination Technologies Group plc in a research note on Tuesday, June 17th. They now have a GBX 200 ($3.40) price target on the stock. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 217.57 ($3.70).
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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