Breaking: Barclays Capital Maintains GBX 150.00 PT On Imagination Technologies Group PLC (LON:IMG) Shares, Maintains Their Original “Underweight” Rating

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Imagination Technologies Group PLC (LON:IMG) Rating Reaffirmed

Equity analysts at Barclays Capital now has a GBX 150.00 Estimated Target Price on Imagination Technologies Group PLC (LON:IMG). Barclays Capital and their recent Estimated Target Price would now indicate a potential downside of -11.76% from the company’s stock price. The rating has been announced to investors in an interesting research report on Monday 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 19.24% above today’s (GBX 170) stock price. Imagination Technologies Group PLC was the topic of 29 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 11 with “Underperform” rating. FinnCap maintained shares with “Sell” rating and GBX 150 target share price in a report from a November 3. J.P. Morgan downgraded IMG stock in a recent report from November 27 to “Neutral” rating. Barclays Capital maintained the rating on October 12. Barclays Capital has a “Underweight” rating and a GBX 150 price target on shares. Finally, N+1 Singer maintained the stock with “Buy” rating in a report issued on a November 11.

The stock decreased 8.11% or GBX 15 on December 11, striking GBX 170. Approximately 1.48M shares of stock traded hands or 124.58% up from the average. Imagination Technologies Group plc (LON:IMG) has declined 16.21% since May 15, 2015 and is downtrending. It has underperformed by 11.80% the S&P500.

Breaking: Barclays Capital Maintains GBX 150.00 PT On Imagination Technologies Group PLC (LON:IMG) Shares, Maintains Their Original

Imagination Technologies Group plc is a United Kingdom technology company. The company has a market cap of 506.61 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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