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IQE plc 9.1% 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’ 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 115 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 9.1% from today’s opening price of 105.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 10.7 points and decreased 21.6 points respectively. The 52 week high share price is 181.5 GBX while the 52 week low for the stock is 75.25 GBX.

IQE plc has a 50 day moving average of 114.92 GBX and a 200 day moving average of 132.66. There are currently 757,618,432 shares in issue with the average daily volume traded being 7,053,228. Market capitalisation for LON:IQE is £770,572,206 GBP.