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 objective dropped by research analysts at JPMorgan Chase & Co. from GBX 524 ($6.49) to GBX 495 ($6.13) in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 20.73% from the company’s previous close.
A number of other research analysts also recently weighed in on the company. Beaufort Securities reiterated a “hold” rating on shares of Imperial Innovations Group plc in a report on Wednesday, July 13th. N+1 Singer reduced their target price on 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.
Shares of Imperial Innovations Group plc (LON:IVO) opened at 411.477966 on Friday. The company’s 50-day moving average price is GBX 429.02 and its 200-day moving average price is 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 company’s market capitalization is GBX 562.50 million.
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About Imperial Innovations Group plc
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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