Imagination Technologies Group plc (LON:IMG)‘s stock had its “underperform” rating reissued by research analysts at BNP Paribas in a note issued to investors on Monday. They presently have a GBX 140 ($1.83) target price on the communications company’s stock. BNP Paribas’ target price would suggest a potential downside of 44.44% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Liberum Capital restated a “buy” rating and issued a GBX 200 ($2.61) target price on shares of Imagination Technologies Group plc in a report on Tuesday, July 5th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 220 ($2.87) price target on shares of Imagination Technologies Group plc in a research report on Thursday, July 7th. Peel Hunt reaffirmed a “buy” rating and set a GBX 250 ($3.26) price target on shares of Imagination Technologies Group plc in a research report on Friday, May 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 190 ($2.48) price target on shares of Imagination Technologies Group plc in a research report on Wednesday, May 25th. Finally, Deutsche Bank AG reaffirmed a “sell” rating on shares of Imagination Technologies Group plc in a research report on Wednesday, July 13th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 172.81 ($2.26).

Imagination Technologies Group plc (LON:IMG) opened at 253.495 on Monday. The company has a 50 day moving average of GBX 221.52 and a 200-day moving average of GBX 189.84. The stock’s market capitalization is GBX 696.50 million. Imagination Technologies Group plc has a 52-week low of GBX 101.00 and a 52-week high of GBX 257.00.

In other Imagination Technologies Group plc news, insider Millward,Guy bought 1,696 shares of the stock in a transaction on Thursday, July 21st. The stock was purchased at an average price of GBX 212 ($2.77) per share, for a total transaction 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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