Breaking: Exane BNP Paribas Reiterates GBX 130 PT On Imagination Technologies Group (LON:IMG) Shares, Reiterates Their Original “Underperform” Rating

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Imagination Technologies Group (LON:IMG) Rating Reaffirmed

They currently have a GBX 130 price target on Imagination Technologies Group (LON:IMG). The target price by Exane BNP Paribas would suggest a potential downside of -34.09% from the company’s current stock price. This has been released in a recent report on Friday morning.

From a total of 16 analysts covering Imagination Technologies Group PLC (LON:IMG) stock, 7 rate it a ”Buy”, 7 a “Sell”, and 3 a ”Hold”. This means that 41% of the ratings are positive. The highest target price is GBX 302 while the lowest target price is GBX 130. The mean of all analyst targets is GBX 213.38 with a 1.99% above today’s (GBX 198.75) stock price. Imagination Technologies Group PLC was the topic of 26 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan downgraded shares on November 27 to “Neutral” rating. Barclays Capital maintained shares with “Underweight” rating and GBX 150 target share price in a report from an October 12. N+1 Singer maintained IMG stock in a recent report from November 11 with “Buy” rating. BNP Paribas maintained the rating on September 28. BNP Paribas has a “Underperform” rating and a GBX 130 price target on shares. Finally, Liberum Capital downgraded the stock to “Hold” rating in a report issued on an October 27.

Approximately 96,489 shares of stock traded hands. Imagination Technologies Group plc (LON:IMG) has risen 2.84% since May 7, 2015 and is uptrending. It has outperformed by 5.63% the S&P500.

Breaking: Exane BNP Paribas Reiterates GBX 130 PT On Imagination Technologies Group (LON:IMG) Shares, Reiterates Their Original

Imagination Technologies Group plc is a United Kingdom technology company. The company has a market cap of 544.26 million GBP. The Firm offers range of silicon IP , which includes the multimedia, communications and general purpose processors. It currently has negative earnings. The Firm has two divisions, which include Technology business and Pure business.

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