Imagination Technologies Group PLC (LON:IMG) Buy Rating Reconfirmed at Liberum Capital; With GBX 245.00 Target

Imagination Technologies Group PLC (LON:IMG) Rating

They currently have a GBX 245.00 target price on Imagination Technologies Group PLC (LON:IMG). Liberum Capital’s target would suggest a potential upside of 0.93% from the company’s last price. This was revealed to clients and investors in a note on 29 September.

Out of 17 analysts covering Imagination Technologies Group PLC (LON:IMG), 6 rate it a “Buy”, 4 “Sell”, while 7 “Hold”. This means 35% are positive. GBX 275 is the highest target while GBX 85 is the lowest. The GBX 183.24 average target is -23.17% below today’s (GBX 238.5) stock price. Imagination Technologies Group PLC has been the topic of 83 analyst reports since October 12, 2015 according to StockzIntelligence Inc. N+1 Singer maintained the stock on September 29 with “Buy” rating. JP Morgan maintained it with “Neutral” rating and GBX 190 target price in a July 8 report. BNP Paribas maintained the shares of IMG in a report on September 19 with “Underperform” rating. Numis Securities maintained the firm’s rating on July 8. Numis Securities has “Buy” rating and GBX 220 price target. Lastly, Jefferies maintained the stock with “Buy” rating in an August 10 report.

About 446,121 shares traded hands. Imagination Technologies Group plc (LON:IMG) has risen 46.51% since February 26, 2016 and is uptrending. It has outperformed by 35.25% the S&P500.

Imagination Technologies Group PLC is a global technology firm engaged in intellectual property licensing activities. The company has a market cap of 667.44 million GBP. The Firm 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. It currently has negative earnings. It sub divided its technology segment into five divisions, which include PowerVR, MIPS, Ensgima, IMGworks and IMG Systems.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Leave a Comment