IQE plc 17% Potential Upside Indicated by Barclays Capital

Broker Ratings
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IQE plc with EPIC/TICKER (LON:IQE) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. IQE plc are listed in the Technology sector within AIM. Barclays Capital have set a target price of 55 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.0% from the opening price of 47 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.3 points and decreased 14 points respectively. The 52 week high for the stock is 99.84 GBX while the 52 week low for the stock is 40.86 GBX.

IQE plc has a 50 day moving average of 53.19 GBX and a 200 day moving average of 64.18. There are currently 4,989,596,281 shares in issue with the average daily volume traded being 1,891,928. Market capitalisation for LON:IQE is £360,811,688 GBP.

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