IQE Receives Buy Rating from Nplus1 Brewin (IQE)
IQE (LON:IQE)‘s stock had its “buy” rating reiterated by Nplus1 Brewin in a research note issued on Thursday, Stock Ratings Network.com reports. They currently have a GBX 45 ($0.73) target price on the stock. Nplus1 Brewin’s target price suggests a potential upside of 68.05% from the company’s current price.
A number of other analysts have also recently weighed in on IQE. Analysts at FinnCap reiterated a “buy” rating on shares of IQE in a research note to investors on Thursday. They now have a GBX 40 ($0.65) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of IQE in a research note to investors on Thursday. They now have a GBX 45 ($0.73) price target on the stock. Finally, analysts at Liberum Capital downgraded shares of IQE from a “buy” rating to a “hold” rating in a research note to investors on Monday, October 14th. They now have a GBX 33 ($0.53) price target on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 44 ($0.71).
Shares of IQE (LON:IQE) opened at 27.22 on Thursday. IQE has a one year low of GBX 18.00 and a one year high of GBX 37.85. The stock’s 50-day moving average is GBX 29.44 and its 200-day moving average is GBX 24.97.
IQE plc is a holding company. The Company is engaged in the development, manufacture and sale of advanced semiconductor materials, and provision of services to subsidiary companies.
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