Imagination Technologies Group plc (IMG) Rating Reiterated by Liberum Capital
Imagination Technologies Group plc (LON:IMG)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a research report issued on Thursday. They presently have a GBX 193 ($2.49) target price on the communications company’s stock. Liberum Capital’s price objective points to a potential upside of 47.33% from the company’s previous close.
A number of other research analysts also recently commented on IMG. Credit Suisse Group increased their price objective on shares of Imagination Technologies Group plc from GBX 100 ($1.29) to GBX 165 ($2.13) and gave the company a “neutral” rating in a research note on Wednesday, July 5th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 95 ($1.23) price objective on shares of Imagination Technologies Group plc in a research note on Wednesday, July 5th. Finally, Investec reiterated a “hold” rating and set a GBX 160 ($2.07) price objective on shares of Imagination Technologies Group plc in a research note on Wednesday, July 5th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 142.27 ($1.84).
Shares of Imagination Technologies Group plc (IMG) opened at 131.00 on Thursday. The company has a 50-day moving average of GBX 135.79 and a 200-day moving average of GBX 151.47. Imagination Technologies Group plc has a 12 month low of GBX 76.00 and a 12 month high of GBX 297.50. The stock’s market capitalization is GBX 370.68 million.
TRADEMARK VIOLATION WARNING: “Imagination Technologies Group plc (IMG) Rating Reiterated by Liberum Capital” was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/09/17/imagination-technologies-group-plc-img-rating-reiterated-by-liberum-capital.html.
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.
Receive News & Ratings for Imagination Technologies Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imagination Technologies Group plc and related companies with MarketBeat.com's FREE daily email newsletter.