Imperial Innovations Group plc (IVO) Price Target Cut to GBX 495 by Analysts at JPMorgan Chase & Co.
Imperial Innovations Group plc (LON:IVO) had its price target reduced by investment analysts at JPMorgan Chase & Co. from GBX 524 ($6.49) to GBX 495 ($6.13) in a note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 20.73% from the company’s previous close.
A number of other brokerages have also weighed in on IVO. Beaufort Securities lowered shares of Imperial Innovations Group plc to a “hold” rating in a research note on Tuesday, June 21st. N+1 Singer dropped their target price on shares of Imperial Innovations Group plc from GBX 542 ($6.71) to GBX 462 ($5.72) and set a “buy” rating on the stock in a report on Tuesday.
Imperial Innovations Group plc (LON:IVO) opened at 411.40 on Friday. The firm has a 50 day moving average of GBX 429.02 and a 200-day moving average of GBX 414.87. Imperial Innovations Group plc has a one year low of GBX 316.98 and a one year high of GBX 516.50. The firm’s market cap is GBX 562.40 million.
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Imperial Innovations Group plc Company Profile
Imperial Innovations Group PLC is a United Kingdom-based company that combines the activities of technology transfer, company incubation and investment. The Company sources and accesses technology from University College London, Oxford and Cambridge Universities, as well as Imperial College. It carries out market research to identify the product and market opportunity, assessing market need and the competition.
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