Today, Imagination Technologies Group plc (IMG) Rating Reiterate by Credit Suisse Group AG

Today, Imagination Technologies Group plc (IMG) Rating Reiterate by Credit Suisse Group AG
Imagination Technologies Group plc (LON:IMG)‘s stock had its ” underperform” rating reiterated by equities research analysts at Credit Suisse Group AG in a report issued on Friday. They currently have a GBX 150 ($1.87) price objective on the communications company’s stock. Credit Suisse Group AG’s target price would indicate a potential downside of 33.85% from the company’s previous close.

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

Imagination Technologies Group plc (LON:IMG) opened at 225.50 on Friday. The stock’s market capitalization is GBX 619.58 million. The firm has a 50-day moving average of GBX 235.24 and a 200 day moving average of GBX 210.90. Imagination Technologies Group plc has a 12-month low of GBX 101.00 and a 12-month high of GBX 274.50.

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