IQE plc 12.7% Potential Upside Indicated by Barclays Capital

Broker Ratings

IQE plc using EPIC/TICKER code (LON:IQE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. IQE plc are listed in the Technology sector within AIM. Barclays Capital have set their target price at 80 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.7% from the opening price of 71 GBX. Over the last 30 and 90 trading days the company share price has decreased 2 points and decreased 13 points respectively. The 52 week high share price is 117.8 GBX while the year low stock price is currently 55 GBX.

IQE plc has a 50 day moving average of 78.78 GBX and the 200 Day Moving Average price is recorded at 80.50. There are currently 790,503,269 shares in issue with the average daily volume traded being 2,535,118. Market capitalisation for LON:IQE is £571,533,887 GBP.

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    IQE plc appoints Mark Cubitt as Non-executive Director and future Chair, bringing extensive technology and financial expertise to the Board.
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