Imagination Technologies Group plc (IMG) Receives Average Recommendation of “Hold” from Analysts
Imagination Technologies Group plc (LON:IMG) has received an average rating of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to 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 ($1.71).
IMG has been the subject of a number of research reports. Liberum Capital reiterated a “buy” rating and set a GBX 193 ($2.62) price objective on shares of Imagination Technologies Group in a report on Thursday, September 14th. Numis Securities reiterated a “buy” rating and set a GBX 182 ($2.47) price objective on shares of Imagination Technologies Group in a report on Monday, September 25th.
Imagination Technologies Group has a 1-year low of GBX 76 ($1.03) and a 1-year high of GBX 297.50 ($4.03).
About Imagination Technologies Group
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.
Receive News & Ratings for Imagination Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imagination Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.