N+1 Singer Lowers Imperial Innovations Group plc (IVO) Price Target to GBX 462
Imperial Innovations Group plc (LON:IVO) had its target price cut by N+1 Singer from GBX 542 ($6.71) to GBX 462 ($5.72) in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. N+1 Singer’s price objective suggests a potential upside of 11.33% from the company’s previous close.
A number of other analysts have also weighed in on the stock. Beaufort Securities reaffirmed a “hold” rating on shares of Imperial Innovations Group plc in a report on Thursday, September 22nd. JPMorgan Chase & Co. decreased their target price on shares of Imperial Innovations Group plc from GBX 566 ($7.00) to GBX 524 ($6.49) and set a “neutral” rating on the stock in a report on Monday, June 20th.
Imperial Innovations Group plc (LON:IVO) opened at 422.075 on Tuesday. The company’s 50-day moving average is GBX 428.47 and its 200-day moving average is GBX 414.51. The company’s market cap is GBX 576.99 million. Imperial Innovations Group plc has a 52 week low of GBX 316.98 and a 52 week high of GBX 516.50.
About Imperial Innovations Group plc
Imperial Innovations Group PLC is a United Kingdom-based company that combines the activities of technology transfer, company incubation and investment. The Company sources and accesses technology from University College London, Oxford and Cambridge Universities, as well as Imperial College. It carries out market research to identify the product and market opportunity, assessing market need and the competition.
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