November 25, 2016 - By Richard Conner
Imagination Technologies Group (LON:IMG) had its stock rating noted as Underperform by analysts at Credit Suisse. Credit Suisse currently has a GBX 150.00 TP on the 636.12 million GBP market cap company or -33.70% downside potential. This was revealed to clients and investors in analysts report on 25 November.
Out of 18 analysts covering Imagination Technologies Group PLC (LON:IMG), 6 rate it a “Buy”, 5 “Sell”, while 7 “Hold”. This means 33% are positive. GBX 325 is the highest target while GBX 85 is the lowest. The GBX 191.47 average target is -15.37% below today’s (GBX 226.25) stock price. Imagination Technologies Group PLC has been the topic of 109 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Imagination Technologies Group plc (LON:IMG) earned “Underperform” rating by BNP Paribas on Tuesday, August 23. The stock of Imagination Technologies Group plc (LON:IMG) has “Buy” rating given on Wednesday, September 16 by N+1 Singer. The stock of Imagination Technologies Group plc (LON:IMG) earned “Sell” rating by Numis Securities on Wednesday, July 1. The rating was maintained by JP Morgan with “Neutral” on Wednesday, May 25. The stock has “Buy” rating given by Numis Securities on Friday, July 8. Jefferies maintained Imagination Technologies Group plc (LON:IMG) rating on Wednesday, August 10. Jefferies has “Buy” rating and GBX 219 price target. FinnCap maintained the stock with “Sell” rating in Monday, February 8 report. The stock of Imagination Technologies Group plc (LON:IMG) earned “Underperform” rating by BNP Paribas on Monday, February 1. On Thursday, March 31 the stock rating was maintained by Liberum Capital with “Buy”. The company was maintained on Tuesday, February 23 by BNP Paribas.
About 189,774 shares traded hands. Imagination Technologies Group plc (LON:IMG) has risen 39.32% since April 26, 2016 and is uptrending. It has outperformed by 33.91% 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 636.12 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.
More notable recent Imagination Technologies Group plc (LON:IMG) news were published by: Fool.com which released: “Imagination Technologies Group plc Sharpens Focus on Graphics” on July 07, 2016, also Fool.com with their article: “Imagination Technologies Group plc Scales Back MIPS Ambitions” published on July 06, 2016, Fool.com published: “Apple Inc. Supplier Imagination Technologies Group plc Catches a Bid” on May 10, 2016. More interesting news about Imagination Technologies Group plc (LON:IMG) were released by: Uk.Finance.Yahoo.com and their article: “PEG Ratio (5 yr expected):” published on March 10, 2014 as well as Fool.Co.Uk‘s news article titled: “Should you buy Amec Foster Wheeler plc, Imagination Technologies Group plc and …” with publication date: July 05, 2016.
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