Imagination Technologies Group plc (LON:IMG)‘s stock had its “underperform” rating restated by analysts at BNP Paribas in a research note issued to investors on Monday. They currently have a GBX 140 ($1.83) target price on the communications company’s stock. BNP Paribas’ price objective would suggest a potential downside of 44.66% from the stock’s current price.

IMG has been the topic of a number of other reports. Deutsche Bank AG reaffirmed a “sell” rating on shares of Imagination Technologies Group plc in a research note on Wednesday, July 13th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 245 ($3.20) price target on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 190 ($2.48) price target on shares of Imagination Technologies Group plc in a research note on Wednesday, July 6th. Credit Suisse Group AG raised their price target on shares of Imagination Technologies Group plc from GBX 110 ($1.44) to GBX 125 ($1.63) and gave the company an “underperform” rating in a research note on Wednesday, July 6th. Finally, Jefferies Group raised their price target on shares of Imagination Technologies Group plc from GBX 199 ($2.60) to GBX 219 ($2.86) and gave the company a “buy” rating in a research note on Wednesday, August 10th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 184.06 ($2.40).

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

Imagination Technologies Group plc (LON:IMG) opened at 255.50 on Monday. The stock’s market cap is GBX 702.01 million. The firm’s 50 day moving average price is GBX 240.37 and its 200 day moving average price is GBX 197.16. Imagination Technologies Group plc has a 12 month low of GBX 101.00 and a 12 month high of GBX 269.50.

In other Imagination Technologies Group plc news, insider Millward,Guy purchased 1,696 shares of the firm’s stock in a transaction on Thursday, July 21st. The stock was bought at an average price of GBX 212 ($2.77) per share, with a total value of £3,595.52 ($4,693.28).

Imagination Technologies Group plc Company Profile

Imagination Technologies Group plc is a United Kingdom-based technology company. The Company offers range of silicon IP (intellectual property), which includes the multimedia, communications and general purpose processors. The Company has two segments, which include Technology business and Pure business.

Receive News & Stock Ratings for Imagination Technologies Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imagination Technologies Group plc and related stocks with our FREE daily email newsletter.