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IQE plc 19.8% Potential Upside Indicated by Deutsche Bank

IQE plc with EPIC/TICKER (LON:IQE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. IQE plc are listed in the Technology sector within AIM. Deutsche Bank have set their target price at 80 GBX on its stock. This now indicates the analyst believes there is a possible upside of 19.8% from the opening price of 66.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 17.55 points and decreased 37.1 points respectively. The 52 week high share price is 181.5 GBX while the 52 week low for the stock is 62 GBX.

IQE plc has a 50 day moving average of 89.09 GBX and the 200 Day Moving Average price is recorded at 109.98. There are currently 776,017,340 shares in issue with the average daily volume traded being 4,750,915. Market capitalisation for LON:IQE is £488,114,924 GBP.