Imagination Technologies Group plc Has Another Very Strong Trading Session

 Imagination Technologies Group plc Has Another Very Strong Trading Session

The stock of Imagination Technologies Group plc (LON:IMG) is a huge mover today! The stock decreased 3.34% or GBX 7.52 on November 7, hitting GBX 217.73. About 1.12M shares traded hands. Imagination Technologies Group plc (LON:IMG) has risen 15.20% since April 7, 2016 and is uptrending. It has outperformed by 13.24% the S&P500.
The move comes after 5 months positive chart setup for the GBX 610.65M company. It was reported on Nov, 7 by Barchart.com. We have GBX 322.24 PT which if reached, will make LON:IMG worth GBX 293.11M more.

Imagination Technologies Group plc (LON:IMG) Ratings Coverage

Out of 18 analysts covering Imagination Technologies Group PLC (LON:IMG), 6 rate it a “Buy”, 5 “Sell”, while 7 “Hold”. This means 33% are positive. Imagination Technologies Group PLC has been the topic of 108 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Investec maintained it with “Buy” rating and GBX 302 target price in Wednesday, July 22 report. The stock of Imagination Technologies Group plc (LON:IMG) has “Buy” rating given on Monday, September 7 by Liberum Capital. N+1 Singer maintained the shares of IMG in a report on Thursday, September 29 with “Buy” rating. The stock has “Underperform” rating given by BNP Paribas on Monday, August 17. BNP Paribas maintained Imagination Technologies Group plc (LON:IMG) rating on Friday, December 4. BNP Paribas has “Underperform” rating and GBX 130 price target. The firm earned “Underperform” rating on Tuesday, March 22 by BNP Paribas. The stock of Imagination Technologies Group plc (LON:IMG) has “Underperform” rating given on Thursday, April 14 by Credit Suisse. The rating was downgraded by Liberum Capital on Tuesday, October 27 to “Hold”. Barclays Capital maintained Imagination Technologies Group plc (LON:IMG) rating on Monday, October 17. Barclays Capital has “Equal-Weight” rating and GBX 175 price target. BNP Paribas maintained it with “Underperform” rating and GBX 140 target price in Tuesday, August 23 report.

More notable recent Imagination Technologies Group plc (LON:IMG) news were published by: Fool.com which released: “Imagination Technologies Group plc Sharpens Focus on Graphics” on July 07, 2016, also Fool.com with their article: “Imagination Technologies Group plc Scales Back MIPS Ambitions” published on July 06, 2016, Fool.com published: “Apple Inc. Supplier Imagination Technologies Group plc Catches a Bid” on May 10, 2016. More interesting news about Imagination Technologies Group plc (LON:IMG) were released by: Uk.Finance.Yahoo.com and their article: “PEG Ratio (5 yr expected):” published on March 10, 2014 as well as Fool.Co.Uk‘s news article titled: “Should you buy Amec Foster Wheeler plc, Imagination Technologies Group plc and …” with publication date: July 05, 2016.

Imagination Technologies Group PLC is a global technology firm engaged in intellectual property licensing activities. The company has a market cap of 610.65 million GBP. The Firm 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 currently has negative earnings. It sub divided its technology segment into five divisions, which include PowerVR, MIPS, Ensgima, IMGworks and IMG Systems.

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