Liberum Capital reiterated their buy rating on shares of Imagination Technologies Group plc (LON:IMG) in a research report report published on Wednesday morning. Liberum Capital currently has a GBX 245 ($3.20) price objective on the communications company’s stock.

Several other research analysts have also issued reports on IMG. Deutsche Bank AG restated a sell rating on shares of Imagination Technologies Group plc in a research report on Friday, May 20th. JPMorgan Chase & Co. restated a neutral rating and set a GBX 190 ($2.48) target price on shares of Imagination Technologies Group plc in a research report on Wednesday, May 25th. Peel Hunt restated a buy rating and set a GBX 250 ($3.26) target price on shares of Imagination Technologies Group plc in a research report on Friday, May 27th. Numis Securities Ltd restated a buy rating and set a GBX 220 ($2.87) target price on shares of Imagination Technologies Group plc in a research report on Friday, May 27th. Finally, BNP Paribas restated an underperform rating and set a GBX 107 ($1.40) target price on shares of Imagination Technologies Group plc in a research report on Monday, June 27th. Four 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. Imagination Technologies Group plc currently has a consensus rating of Hold and an average target price of GBX 172.81 ($2.26).

Shares of Imagination Technologies Group plc (LON:IMG) opened at 253.50 on Wednesday. The firm’s 50-day moving average price is GBX 220.84 and its 200 day moving average price is GBX 189.38. Imagination Technologies Group plc has a 52 week low of GBX 101.00 and a 52 week high of GBX 256.50. The stock’s market capitalization is GBX 696.51 million.

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

About Imagination Technologies Group plc

Imagination Technologies Group plc is a United Kingdom-based technology company. The Company offers range of silicon IP (intellectual property), which includes the multimedia, communications and general purpose processors. The Company has two segments, which include Technology business and Pure business.

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