IQE plc 4.7% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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IQE plc with EPIC/TICKER (LON:IQE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. IQE plc are listed in the Technology sector within AIM. Deutsche Bank have set their target price at 60 GBX on its stock. This indicates the analyst now believes there is a potential upside of 4.7% from the opening price of 57.3 GBX. Over the last 30 and 90 trading days the company share price has increased 20.7 points and increased 30.2 points respectively. The 52 week high for the share price is currently at 76.93 GBX while the year low stock price is currently 18.86 GBX.

IQE plc has a 50 day moving average of 41.02 GBX and the 200 Day Moving Average price is recorded at 50.57. There are currently 796,455,882 shares in issue with the average daily volume traded being 2,640,882. Market capitalisation for LON:IQE is £439,012,064 GBP.

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