Barclays PLC restated their equal weight rating on shares of Imagination Technologies Group plc (LON:IMG) in a research note released on Monday morning. The firm currently has a GBX 175 ($2.13) price objective on the communications company’s stock.

Several other brokerages have also recently issued reports on IMG. BNP Paribas reaffirmed an underperform rating and set a GBX 140 ($1.71) price objective on shares of Imagination Technologies Group plc in a report on Tuesday, October 4th. Liberum Capital lifted their price objective on Imagination Technologies Group plc from GBX 245 ($2.99) to GBX 325 ($3.96) and gave the stock a buy rating in a report on Tuesday, October 11th. Numis Securities Ltd reaffirmed an add rating and set a GBX 280 ($3.41) price objective on shares of Imagination Technologies Group plc in a report on Thursday, September 29th. N+1 Singer reaffirmed a buy rating and set a GBX 271 ($3.30) price objective on shares of Imagination Technologies Group plc in a report on Thursday, September 29th. Finally, Credit Suisse Group AG reaffirmed an underperform rating and set a GBX 125 ($1.52) price objective on shares of Imagination Technologies Group plc in a report on Friday, September 16th. Four 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 a consensus target price of GBX 189.06 ($2.30).

Imagination Technologies Group plc (LON:IMG) opened at 255.685 on Monday. Imagination Technologies Group plc has a 12-month low of GBX 101.00 and a 12-month high of GBX 274.50. The stock’s market capitalization is GBX 702.52 million. The stock’s 50 day moving average price is GBX 247.67 and its 200-day moving average price is GBX 200.00.

In related news, insider Millward,Guy bought 1,696 shares of the firm’s stock in a transaction dated Thursday, July 21st. The stock was bought at an average price of GBX 212 ($2.58) per share, with a total value of £3,595.52 ($4,382.11).

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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