Published On: Wed, Oct 19th, 2016

Analyst Review: Immersion Corporation (NASDAQ:IMMR)


A number of investment brokers have recently updated their price targets on shares of Immersion Corporation (NASDAQ:IMMR).

Most recent broker ratings

07/19/2016 – Immersion Corporation had its “buy” rating reiterated by analysts at Craig-Hallum. They now have a USD 12 price target on the stock.

04/18/2016 – Immersion Corporation had its “buy” rating reiterated by analysts at Lake Street. They now have a USD 11.25 price target on the stock.

10/30/2015 – Immersion Corporation had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 18 price target on the stock.

06/12/2015 – Immersion Corporation had its “buy” rating reiterated by analysts at B. Riley. They now have a USD 13 price target on the stock.

05/01/2015 – Immersion Corporation had its “hold” rating reiterated by analysts at Zacks.

05/01/2015 – Immersion Corporation was upgraded to “buy” by analysts at Ascendiant Capital Markets. They now have a USD 14 price target on the stock.

09/23/2014 – Immersion Corporation had its “buy” rating reiterated by analysts at Feltl & Co..

05/26/2014 – Immersion Corporation was downgraded to “hold” by analysts at ING.

05/23/2014 – Immersion Corporation was downgraded to “hold” by analysts at TheStreet.

12/16/2013 – Sidoti began new coverage on Immersion Corporation giving the company a “buy” rating.

The share price of Immersion Corporation (NASDAQ:IMMR) was up +0.13% during the last day of trading, with a day high of 7.85. 123368 shares were traded during the last session.

The stock’s 50 day moving average is 7.83 and its 200 day moving average is 7.27. The stock’s market capitalization is 224.32M. Immersion Corporation has a 52-week low of 5.90 and a 52-week high of 14.45.

Immersion Corporation is a licensing company focused on the creation, design, development and licensing of haptic technologies that allow people to use their sense of touch when operating digital devices. The Company develops, licenses and supports a range of software and intellectual property (IP). It is focused on the markets, including mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical, and commercial. It provides advanced tactile software, related tools and technical assistance to certain customers, and offers licenses to its patented IP to other customers. Its licenses enable customers to deploy haptically-enabled devices, content and other offerings, which they sell under own brand names. It holds patents, covering digital technologies and including ways in which touch-related technology can be incorporated into and between hardware products and components, systems software, application software, and digital content.