Shares of Imagination Technologies Group plc (LON:IMG) have been assigned an average rating of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 132 ($1.68).

A number of equities analysts have issued reports on IMG shares. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 310 ($3.94) target price on shares of Imagination Technologies Group plc in a report on Tuesday, April 4th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 95 ($1.21) target price on shares of Imagination Technologies Group plc in a report on Tuesday, May 23rd. Deutsche Bank AG lowered their target price on Imagination Technologies Group plc from GBX 170 ($2.16) to GBX 76 ($0.97) and set a “sell” rating for the company in a report on Tuesday, April 4th. N+1 Singer reaffirmed a “sell” rating and issued a GBX 80 ($1.02) target price on shares of Imagination Technologies Group plc in a report on Thursday, May 4th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 100 ($1.27) target price on shares of Imagination Technologies Group plc in a report on Friday, May 5th.

Imagination Technologies Group plc (LON:IMG) traded down 7.46% during midday trading on Monday, hitting GBX 158.25. The stock had a trading volume of 3,810,219 shares. The firm has a 50-day moving average price of GBX 111.17 and a 200-day moving average price of GBX 197.50. Imagination Technologies Group plc has a 1-year low of GBX 76.00 and a 1-year high of GBX 297.50. The firm’s market capitalization is GBX 449.85 million.

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Imagination Technologies Group plc Company Profile

Imagination Technologies Group PLC is a global technology company engaged in intellectual property (IP) licensing activities. The Company is involved in the creation and licensing of semiconductor processor IP for graphics, video and vision processing, general purpose and embedded processing (central processing unit and microcontroller), and multi-standard communications to enable connectivity.

Analyst Recommendations for Imagination Technologies Group plc (LON:IMG)

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