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Imagination Technologies Group PLC (LON:IMG) target price raised to 271.00GBX, reported today by N+1 Singer

Boasting a price of 240.88GBX, Imagination Technologies Group PLC (LON:IMG) traded -2.74% lower on the day. With the last stock price close up 23.87% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Imagination Technologies Group PLC has recorded a 50-day average of 230.90GBX and a two hundred day average of 193.55GBX. Volume of trade was down over the average, with 301,890 shares of IMG changing hands under the typical 904,871

Imagination Technologies Group PLC (LON:IMG) had its stock price target upped to 271.00GBX by N+1 Singer in a report released Thursday September 29, 2016. The new stock price target implies a possible upside of 0.13% from the company's most recent stock price close.

On 9/19/2016, Exane BNP Paribas released a statement for Imagination Technologies Group PLC (LON:IMG) maintained the target price at 140.00GBX that suggested a downside of -0.44%.

Performance Chart

Imagination Technologies Group PLC (LON:IMG)

With a total market value of 0 GBX, Imagination Technologies Group PLC has with a one year low of 101.00GBX and a one year high of 269.50GBX .

A total of 14 equity analysts have released a ratings update on IMG. Five equity analysts rating the company a strong buy, three equity analysts rating the company a buy, two equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 173.57GBX.

Brief Synopsis 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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