Todays Report: Today, Credit Suisse Group AG Reaffirmed  Underperform Rating for Imagination Technologies Group plc (IMG)

Today, Credit Suisse Group AG Reaffirmed  Underperform Rating for Imagination Technologies Group plc (IMG)

Imagination Technologies Group plc (LON:IMG)‘s stock had its ” underperform” rating reaffirmed by equities researchers at Credit Suisse Group AG in a report released on Friday. They currently have a GBX 150 ($1.87) target price on the communications company’s stock. Credit Suisse Group AG’s target price would indicate a potential downside of 33.85% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. FinnCap reiterated 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 325 ($4.06) price objective on shares of Imagination Technologies Group plc in a research note on Wednesday, October 26th. Barclays PLC restated an “equal weight” rating and set a GBX 175 ($2.19) target price on shares of Imagination Technologies Group plc in a research note on Monday, October 17th. BNP Paribas restated an “underperform” rating and set a GBX 140 ($1.75) target price on shares of Imagination Technologies Group plc in a research note on Monday, October 10th. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 280 ($3.50) target price on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. Three 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. Imagination Technologies Group plc presently has a consensus rating of “Hold” and an average price target of GBX 190.63 ($2.38).

Imagination Technologies Group plc (LON:IMG) opened at 226.00 on Friday. 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 market cap is GBX 620.95 million. The company has a 50-day moving average of GBX 235.24 and a 200 day moving average of GBX 210.90.

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