Imagination Technologies Group plc (LON:IMG) has received a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 126.11 ($1.67).

IMG has been the topic of several research reports. Credit Suisse Group upped their price objective on shares of Imagination Technologies Group plc from GBX 100 ($1.33) to GBX 165 ($2.19) and gave the company a “neutral” rating in a report on Wednesday, July 5th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 95 ($1.26) price target on shares of Imagination Technologies Group plc in a research note on Wednesday, July 5th. Liberum Capital restated a “buy” rating and issued a GBX 193 ($2.56) price target on shares of Imagination Technologies Group plc in a research note on Thursday, September 14th. Numis Securities Ltd restated a “buy” rating and issued a GBX 182 ($2.41) price target on shares of Imagination Technologies Group plc in a research note on Monday, September 25th. Finally, Investec restated a “hold” rating and issued a GBX 160 ($2.12) price target on shares of Imagination Technologies Group plc in a research note on Wednesday, July 5th.

Shares of Imagination Technologies Group plc (LON:IMG) traded up 1.34% during mid-day trading on Wednesday, reaching GBX 169.75. 1,910,024 shares of the company’s stock were exchanged. Imagination Technologies Group plc has a 52-week low of GBX 76.00 and a 52-week high of GBX 297.50. The stock’s 50-day moving average is GBX 140.82 and its 200-day moving average is GBX 139.15. The stock’s market cap is GBX 480.33 million.

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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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