IQE plc 5.3% 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 70 GBX on its stock. This is indicating the analyst believes there is a potential downside of -5.3% from today’s opening price of 73.95 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.9 points and increased 8.5 points respectively. The 52 week high share price is 139.6 GBX while the 52 week low is 55 GBX.

IQE plc has a 50 day moving average of 78.66 GBX and a 200 day moving average of 87.30. There are currently 777,878,204 shares in issue with the average daily volume traded being 4,166,787. Market capitalisation for LON:IQE is £558,983,282 GBP.

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