Imagination Technologies Group plc (LON:IMG) had its price objective lifted by Liberum Capital from GBX 245 ($3.03) to GBX 325 ($4.02) in a research note issued to investors on Tuesday morning. They currently have a buy rating on the communications company’s stock.

Several other research firms have also recently commented on IMG. Numis Securities Ltd reissued an add rating and set a GBX 280 ($3.47) price target on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. BNP Paribas reaffirmed an underperform rating and issued a GBX 140 ($1.73) price objective on shares of Imagination Technologies Group plc in a research note on Tuesday, October 4th. FinnCap reaffirmed an under review rating on shares of Imagination Technologies Group plc in a research note on Monday, August 15th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 175 ($2.17) price objective on shares of Imagination Technologies Group plc in a research note on Wednesday, July 6th. Finally, Peel Hunt reaffirmed a buy rating and issued a GBX 250 ($3.09) price objective on shares of Imagination Technologies Group plc in a research note on Tuesday, July 5th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 189.06 ($2.34).

Shares of Imagination Technologies Group plc (LON:IMG) traded down 0.74% during mid-day trading on Tuesday, hitting GBX 267.50. The stock had a trading volume of 1,044,957 shares. The company’s market cap is GBX 734.98 million. Imagination Technologies Group plc has a one year low of GBX 101.00 and a one year high of GBX 274.50. The firm’s 50 day moving average price is GBX 242.22 and its 200-day moving average price is GBX 198.14.

In other Imagination Technologies Group plc news, insider Millward,Guy acquired 1,696 shares of the company’s stock in a transaction on Thursday, July 21st. The stock was acquired at an average price of GBX 212 ($2.62) per share, for a total transaction of £3,595.52 ($4,449.90).

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.

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