Imagination Technologies Group plc (LON:IMG)‘s stock had its ” underperform” rating reiterated by equities research analysts at Credit Suisse Group AG in a research report issued to clients and investors on Friday. They currently have a GBX 150 ($1.87) price objective on the communications company’s stock. Credit Suisse Group AG’s price target suggests a potential downside of 33.85% from the company’s current price.

A number of other analysts have also weighed in on IMG. BNP Paribas restated an “underperform” rating and set a GBX 140 ($1.75) price objective on shares of Imagination Technologies Group plc in a research note on Tuesday, October 4th. Barclays PLC restated an “equal weight” rating and set a GBX 175 ($2.19) price objective on shares of Imagination Technologies Group plc in a research note on Monday, October 17th. FinnCap restated an “under review” rating on shares of Imagination Technologies Group plc in a research note on Monday. Liberum Capital reiterated a “buy” rating and issued a GBX 245 ($3.06) price target on shares of Imagination Technologies Group plc in a research note on Wednesday, September 14th. Finally, Numis Securities Ltd reiterated an “add” rating and issued a GBX 280 ($3.50) price target on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 190.63 ($2.38).

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

Shares of Imagination Technologies Group plc (LON:IMG) opened at 226.00 on Friday. The company’s 50 day moving average is GBX 235.24 and its 200-day moving average is GBX 210.90. The stock’s market capitalization is GBX 620.95 million. Imagination Technologies Group plc has a 52 week low of GBX 101.00 and a 52 week high of GBX 274.50.

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Imagination Technologies Group plc Company Profile

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.

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