Imagination Technologies Group plc (LON:IMG) has been given an average recommendation of “Hold” by the twelve analysts that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 140 ($1.83).

Several analysts recently issued reports on IMG shares. Credit Suisse Group upped their price objective on Imagination Technologies Group plc from GBX 100 ($1.31) to GBX 165 ($2.15) and gave the company a “neutral” rating in a research note on Wednesday, July 5th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 95 ($1.24) price objective on shares of Imagination Technologies Group plc in a research note on Wednesday, July 5th. Deutsche Bank AG dropped their price objective on Imagination Technologies Group plc from GBX 170 ($2.22) to GBX 76 ($0.99) and set a “sell” rating on the stock in a research note on Tuesday, April 4th. Liberum Capital restated a “hold” rating and issued a GBX 95 ($1.24) price objective on shares of Imagination Technologies Group plc in a research note on Tuesday, May 23rd. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 166 ($2.17) price objective on shares of Imagination Technologies Group plc in a research note on Tuesday, May 9th.

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Shares of Imagination Technologies Group plc (LON IMG) traded down 4.66% on Friday, hitting GBX 138.25. The stock had a trading volume of 1,313,201 shares. The firm’s 50 day moving average is GBX 137.32 and its 200-day moving average is GBX 183.20. Imagination Technologies Group plc has a one year low of GBX 76.00 and a one year high of GBX 297.50. The stock’s market capitalization is GBX 390.64 million.

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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