A report released today by JP Morgan Cazenove about Imagination Technologies Group PLC (LON:IMG) holds the target price at 190.00GBX
- Updated: November 29, 2016
Imagination Technologies Group PLC (LON:IMG) had its stock price target hold steady to 190.00GBX by JP Morgan Cazenove in a report issued 11/30/2016. The updated price target suggests a potential downside of -0.18% from the company's previous stock price.
Having a price of 231.13GBX, Imagination Technologies Group PLC (LON:IMG) traded -1.71% lower on the day. With the last stock price up 8.35% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the date range. Imagination Technologies Group PLC has recorded a 50-day average of 233.60GBX and a two hundred day average of 212.04GBX. Volume of trade was down over the average, with 20,695 shares of IMG changing hands under the typical 1,004,970
With a total market value of 0 GBX, Imagination Technologies Group PLC has with a one year low of 101.00GBX and a 52 week high of 274.50GBX .
In addition to JP Morgan Cazenove reporting its stock price target, a total of 14 brokers have issued a report on the company. The average stock price target is 173.57GBX with 5 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 2 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 2 firms rating the stock a sell.
About Imagination Technologies Group PLC (LON:IMG)
Imagination Technologies Group PLC is a global technology company engaged in intellectual property (IP) licensing activities. The Company is involved in the creation and licensing of semiconductor processor IP for graphics, video and vision processing, general purpose and embedded processing (central processing unit and microcontroller), and multi-standard communications to enable connectivity. It sub divided its technology segment into five segments, which include PowerVR, MIPS, Ensgima, IMGworks and IMG Systems. Its products are categorized into PowerVR Multimedia, MIPS Processors, Ensigma Communications, Platform and Technologies, and Creator. Its products include PowerVR Graphics, Ensigma Explorer Radio Processing Unit (RPU), Ensigma Security, OmniShield Technology, PowerVR Ray Tracing and MIPS Warrior Processor Cores, among others. Its technology is present in various markets, such as mobile phone, computing, home electronics, hand held multimedia, automotive and networking.
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