Todays Report: The BNP Paribas Reiterates “Underperform” Rating for Imagination Technologies Group plc (IMG)

The BNP Paribas Reiterates “Underperform” Rating for Imagination Technologies Group plc (IMG)

BNP Paribas restated their underperform rating on shares of Imagination Technologies Group plc (LON:IMG) in a research report report published on Tuesday morning. They currently have a GBX 140 ($1.83) price target on the communications company’s stock.

Several other research analysts have also weighed in on the stock. Numis Securities Ltd reiterated an add rating and issued a GBX 280 ($3.65) price objective on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. Liberum Capital reiterated a buy rating and issued a GBX 245 ($3.20) price objective on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. N+1 Singer restated a buy rating and set a GBX 271 ($3.54) price target on shares of Imagination Technologies Group plc in a research note on Thursday, September 29th. Credit Suisse Group AG restated an underperform rating and set a GBX 125 ($1.63) price target on shares of Imagination Technologies Group plc in a research note on Friday, September 16th. Finally, FinnCap restated an under review rating on shares of Imagination Technologies Group plc in a research note on Monday, August 15th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 184.06 ($2.40).

Shares of Imagination Technologies Group plc (LON:IMG) opened at 254.06 on Tuesday. Imagination Technologies Group plc has a 52-week low of GBX 101.00 and a 52-week high of GBX 269.50. The company’s market cap is GBX 698.05 million. The stock has a 50 day moving average of GBX 240.37 and a 200 day moving average of GBX 197.16.

In other Imagination Technologies Group plc news, insider Millward,Guy acquired 1,696 shares of Imagination Technologies Group plc stock in a transaction dated Thursday, July 21st. The stock was bought at an average cost of GBX 212 ($2.77) per share, with a total value of £3,595.52 ($4,693.28).

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