Liberum Capital restated their buy rating on shares of Imagination Technologies Group plc (LON:IMG) in a report issued on Tuesday morning. The brokerage currently has a GBX 193 ($2.50) target price on the communications company’s stock.

Several other brokerages also recently weighed in on IMG. Credit Suisse Group lifted their price target on shares of Imagination Technologies Group plc from GBX 100 ($1.29) to GBX 165 ($2.13) and gave the company a neutral rating in a report on Wednesday, July 5th. Investec reaffirmed a hold rating and set a GBX 160 ($2.07) price target on shares of Imagination Technologies Group plc in a report on Wednesday, July 5th. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 95 ($1.23) price target on shares of Imagination Technologies Group plc in a report on Wednesday, July 5th. N+1 Singer reaffirmed a sell rating and set a GBX 80 ($1.03) price target on shares of Imagination Technologies Group plc in a report on Thursday, May 4th. Finally, Numis Securities Ltd reaffirmed a buy rating and set a GBX 166 ($2.15) price target on shares of Imagination Technologies Group plc in a report on Tuesday, May 9th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. Imagination Technologies Group plc currently has an average rating of Hold and a consensus price target of GBX 142.27 ($1.84).

Imagination Technologies Group plc (LON IMG) opened at 140.50 on Tuesday. Imagination Technologies Group plc has a one year low of GBX 76.00 and a one year high of GBX 297.50. The company’s market cap is GBX 397.56 million. The stock has a 50 day moving average of GBX 136.33 and a 200-day moving average of GBX 160.13.

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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.

Analyst Recommendations for Imagination Technologies Group plc (LON:IMG)

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