The Imperial Innovations Group plc (IVO) Price Target Cut to GBX 495 by Analysts at JPMorgan Chase & Co.

The Imperial Innovations Group plc (IVO) Price Target Cut to GBX 495 by Analysts at JPMorgan Chase & Co.

Imperial Innovations Group plc (LON:IVO) had its price objective dropped by research analysts at JPMorgan Chase & Co. from GBX 524 ($6.49) to GBX 495 ($6.13) in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 20.73% from the company’s previous close.

A number of other research analysts also recently weighed in on the company. Beaufort Securities reiterated a “hold” rating on shares of Imperial Innovations Group plc in a report on Wednesday, July 13th. N+1 Singer reduced their target price on Imperial Innovations Group plc from GBX 542 ($6.71) to GBX 462 ($5.72) and set a “buy” rating on the stock in a report on Tuesday.

Shares of Imperial Innovations Group plc (LON:IVO) opened at 411.477966 on Friday. The company’s 50-day moving average price is GBX 429.02 and its 200-day moving average price is GBX 414.87. Imperial Innovations Group plc has a one year low of GBX 316.98 and a one year high of GBX 516.50. The company’s market capitalization is GBX 562.50 million.

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