IQE plc 8.7% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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IQE plc using EPIC/TICKER code (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 45 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.7% from today’s opening price of 41.4 GBX. Over the last 30 and 90 trading days the company share price has increased 14.96 points and decreased 10.15 points respectively. The 52 week high for the share price is currently at 96 GBX while the year low share price is currently 18.86 GBX.

IQE plc has a 50 day moving average of 39.48 GBX and a 200 day moving average of 53.57. There are currently 27,700,182 shares in issue with the average daily volume traded being 5,289,487. Market capitalisation for LON:IQE is £316,988,439 GBP.

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