IQE plc 43.6% Potential Upside Indicated by Barclays Capital

Broker Ratings
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IQE plc using EPIC/TICKER code (LON:IQE) has 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 a target price of 73 GBX on its stock. This is indicating the analyst believes there is a potential upside of 43.6% from today’s opening price of 50.85 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.4 points and decreased 1.65 points respectively. The 1 year high for the share price is 99.84 GBX while the 52 week low is 42.26 GBX.

IQE plc has a 50 day moving average of 65.85 GBX and a 200 day moving average of 70.65. There are currently 795,864,862 shares in issue with the average daily volume traded being 2,683,938. Market capitalisation for LON:IQE is £361,211,238 GBP.

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