Shares of Imagination Technologies Group plc (LON:IMG) have been given a consensus rating of “Hold” by the twelve research firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 140 ($1.81).

Several research firms have recently weighed in on IMG. Credit Suisse Group boosted their target price on Imagination Technologies Group plc from GBX 100 ($1.29) to GBX 165 ($2.13) and gave the company a “neutral” rating in a research report on Wednesday, July 5th. Investec reissued a “hold” rating and set a GBX 160 ($2.07) target price on shares of Imagination Technologies Group plc in a research report on Wednesday, July 5th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 95 ($1.23) target price on shares of Imagination Technologies Group plc in a research report on Wednesday, July 5th. Finally, Liberum Capital reissued a “buy” rating and set a GBX 193 ($2.49) target price on shares of Imagination Technologies Group plc in a research report on Tuesday, July 4th.

Imagination Technologies Group plc (LON IMG) traded up 0.51% during trading on Friday, reaching GBX 147.50. 1,227,486 shares of the company were exchanged. The stock’s market capitalization is GBX 417.37 million. The firm’s 50 day moving average price is GBX 136.93 and its 200-day moving average price is GBX 155.86. Imagination Technologies Group plc has a one year low of GBX 76.00 and a one year high of GBX 297.50.

Imagination Technologies Group plc (LON:IMG) last released its quarterly earnings data on Tuesday, July 4th. The communications company reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.08. Imagination Technologies Group plc had a negative return on equity of 18.24% and a negative net margin of 14.19%. On average, equities research analysts predict that Imagination Technologies Group plc will post $6.42 earnings per share for the current year.

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About Imagination Technologies Group plc

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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