Liberum Capital Reaffirms “Buy” Rating for Imagination Technologies Group plc (IMG)
Imagination Technologies Group plc (LON:IMG)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday. They currently have a GBX 250 ($4.14) price target on the stock. Liberum Capital’s price target suggests a potential upside of 15.69% from the company’s current price.
IMG has been the subject of a number of other recent research reports. 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 ($3.64) 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 ($3.14) 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 investment analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 224.40 ($3.71).
Imagination Technologies Group plc (LON:IMG) opened at 215.70 on Friday. Imagination Technologies Group plc has a 52 week low of GBX 142.20 and a 52 week high of GBX 365.70. The stock’s 50-day moving average is GBX 194.9 and its 200-day moving average is GBX 200.6. The company’s market cap is £573.1 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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