November 30, 2016 - By Nellie Frank
JP Morgan Cazenove have a GBX 190.00 PT on the stock. The PT would indicate a potential downside of -17.84% from Imagination Technologies Group PLC (LON:IMG)‘s last close price. This rating was shown in a report on Wednesday morning.
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 192.94 average target is -15.75% below today’s (GBX 229) stock price. Imagination Technologies Group PLC has been the topic of 111 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by JP Morgan given on Friday, May 27. Jefferies maintained Imagination Technologies Group plc (LON:IMG) rating on Wednesday, August 10. Jefferies has “Buy” rating and GBX 219 price target. Liberum Capital downgraded the shares of IMG in a report on Tuesday, October 27 to “Hold” rating. The company was maintained on Monday, October 12 by Barclays Capital. Liberum Capital maintained Imagination Technologies Group plc (LON:IMG) rating on Tuesday, March 8. Liberum Capital has “Buy” rating and GBX 190 price target. The stock has “Buy” rating given by Peel Hunt on Tuesday, July 5. Berenberg maintained the shares of IMG in a report on Tuesday, September 15 with “Sell” rating. The stock has “Hold” rating given by Liberum Capital on Tuesday, December 15. The stock has “Underperform” rating given by Credit Suisse on Friday, July 31. The stock of Imagination Technologies Group plc (LON:IMG) has “Sell” rating given on Wednesday, May 4 by FinnCap.
About 75,004 shares traded hands. Imagination Technologies Group plc (LON:IMG) has risen 50.08% since April 29, 2016 and is uptrending. It has outperformed by 44.85% 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 643.85 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 important 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 published article titled: “Imagination Technologies Group plc Scales Back MIPS Ambitions”, 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) was released by: Uk.Finance.Yahoo.com and their article: “PEG Ratio (5 yr expected):” with publication date: March 10, 2014.
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By Nellie Frank