Imagination Technologies Group plc (IMG) Receives Average Rating of “Hold” from Analysts
Shares of Imagination Technologies Group plc (LON:IMG) have earned a consensus recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 126.11 ($1.66).
Several brokerages recently commented on IMG. Numis Securities Ltd reiterated a “buy” rating and set a GBX 182 ($2.39) price target on shares of Imagination Technologies Group plc in a research note on Monday, September 25th. Liberum Capital reissued a “buy” rating and set a GBX 193 ($2.54) price objective on shares of Imagination Technologies Group plc in a research report on Thursday, September 14th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 95 ($1.25) price objective on shares of Imagination Technologies Group plc in a research report on Tuesday, September 5th.
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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.
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