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IQE plc 7.5% Potential Upside Indicated by Deutsche Bank

IQE plc with EPIC/TICKER (LON:IQE) has 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 50 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 7.5% from the opening price of 46.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 19.5 points and decreased 10.95 points respectively. The 1 year high for the stock price is 99.84 GBX while the year low stock price is currently 42.26 GBX.

IQE plc has a 50 day moving average of 65.89 GBX and a 200 day moving average of 70.51. There are currently 795,864,862 shares in issue with the average daily volume traded being 3,047,064. Market capitalisation for LON:IQE is £364,658,112 GBP.