Imagination Technologies Group plc Can’t Be More Safe. Trades Significantly Higher

 Imagination Technologies Group plc Can't Be More Safe. Trades Significantly Higher

The stock of Imagination Technologies Group plc (LON:IMG) is a huge mover today! The stock increased 0.46% or GBX 1.06 on November 29, hitting GBX 234.06. About 677,626 shares traded hands. Imagination Technologies Group plc (LON:IMG) has risen 49.60% since April 29, 2016 and is uptrending. It has outperformed by 44.34% the S&P500.
The move comes after 7 months positive chart setup for the GBX 658.08 million company. It was reported on Nov, 29 by Barchart.com. We have GBX 241.08 PT which if reached, will make LON:IMG worth GBX 19.74 million 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 110 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Friday, May 27 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by Barclays Capital with “Underweight” on Monday, September 28. The rating was maintained by Morgan Stanley on Tuesday, December 15 with “Overwt/In-Line”. BNP Paribas maintained Imagination Technologies Group plc (LON:IMG) rating on Thursday, March 3. BNP Paribas has “Underperform” rating and GBX 85 price target. The stock of Imagination Technologies Group plc (LON:IMG) has “Buy” rating given on Tuesday, December 15 by Investec. Numis Securities maintained it with “Sell” rating and GBX 155 target price in Wednesday, July 1 report. The company was maintained on Tuesday, September 15 by Berenberg. BNP Paribas maintained the shares of IMG in a report on Monday, October 10 with “Underperform” rating. The rating was maintained by FinnCap with “Sell” on Tuesday, November 3. On Wednesday, July 22 the stock rating was maintained by Investec with “Buy”.

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 658.08 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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