Imagination Technologies Group plc Receives Hold Rating from Deutsche Bank (IMG)
Several other analysts have also recently commented on the stock. Analysts at Barclays downgraded shares of Imagination Technologies Group plc to an “underweight” rating in a research note on Thursday, June 26th. They now have a GBX 190 ($3.26) price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Imagination Technologies Group plc in a research note on Tuesday, June 24th. They now have a GBX 175 ($3.00) price target on the stock, up previously from GBX 130 ($2.23). Finally, analysts at Investec reiterated a “hold” rating on shares of Imagination Technologies Group plc in a research note on Tuesday, June 24th. They now have a GBX 250 ($4.29) price target on the stock, up previously from GBX 170 ($2.92). Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 224.71 ($3.85).
Imagination Technologies Group plc (LON:IMG) traded down 1.94% on Monday, hitting GBX 206.90. 599,523 shares of the company’s stock traded hands. Imagination Technologies Group plc has a one year low of GBX 142.20 and a one year high of GBX 365.70. The stock has a 50-day moving average of GBX 228.4 and a 200-day moving average of GBX 196.. The company’s market cap is £551.8 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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