IQE plc 3.3% Potential Decrease Indicated by Deutsche Bank

Broker Ratings
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IQE plc with EPIC/TICKER (LON:IQE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. IQE plc are listed in the Technology sector within AIM. Deutsche Bank have set a target price of 64 GBX on its stock. This now indicates the analyst believes there is a potential downside of -3.3% from the opening price of 66.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.8 points and decreased 9.8 points respectively. The 1 year high for the stock price is 115 GBX while the 52 week low is 42.26 GBX.

IQE plc has a 50 day moving average of 77.49 GBX and the 200 Day Moving Average price is recorded at 77.29. There are currently 791,295,889 shares in issue with the average daily volume traded being 4,864,564. Market capitalisation for LON:IQE is £514,342,327 GBP.

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