Imagination Technologies Group Given Buy Rating at Deutsche Bank (IMG)
Imagination Technologies Group (LON: IMG)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a $8.96 (600 GBX) target price on the stock.
Imagination Technologies Group opened at 537.00 on Wednesday. Imagination Technologies Group has a 1-year low of GBX 378.338 and a 1-year high of GBX 734.00. The stock’s 50-day moving average is currently GBX 528.2. The company’s market cap is £290.6 million.
A number of other analysts have also recently weighed in on IMG. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Imagination Technologies Group in a research note to investors on Tuesday. They now have a $11.20 price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Imagination Technologies Group in a research note to investors on Wednesday, March 6th. They now have a $5.41 price target on the stock. Finally, analysts at UBS AG reiterated a “neutral” rating on shares of Imagination Technologies Group in a research note to investors on Thursday, February 28th. They now have a $6.82 price target on the stock, up previously from $6.76.
Imagination Technologies Group plc is engaged in multimedia and communication technologies. The Company operates in two segments: Technology business and the Pure business.
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