Imagination Technologies Group plc Rating Reiterated by Liberum Capital (IMG)
Imagination Technologies Group plc (LON:IMG)‘s stock had its “buy” rating reissued by Liberum Capital in a research note issued on Wednesday. They currently have a GBX 250 ($4.18) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 25.94% from the stock’s previous close.
Shares of Imagination Technologies Group plc (LON:IMG) opened at 200.00 on Wednesday. Imagination Technologies Group plc has a 1-year low of GBX 142.20 and a 1-year high of GBX 365.70. The stock’s 50-day moving average is GBX 196.0 and its 200-day moving average is GBX 199.2. The company’s market cap is £533.4 million.
A number of other analysts have also recently weighed in on IMG. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Imagination Technologies Group plc in a research note on Wednesday, July 23rd. They now have a GBX 220 ($3.68) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Imagination Technologies Group plc in a research note on Tuesday, July 8th. They now have a GBX 190 ($3.18) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Imagination Technologies Group plc in a research note on Monday, July 7th. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. Imagination Technologies Group plc currently has an average rating of “Hold” and an average price target of GBX 224.40 ($3.75).
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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