Filtronic Plc’s “Buy” Rating Reaffirmed at Panmure Gordon (FTC)
Filtronic Plc (LON:FTC)‘s stock had its “buy” rating reiterated by investment analysts at Panmure Gordon in a note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 84 ($1.38) target price on the stock. Panmure Gordon’s price objective would suggest a potential upside of 51.08% from the company’s current price.
Filtronic Plc (LON:FTC) traded up 0.35% during mid-day trading on Tuesday, hitting GBX 56.445. The stock had a trading volume of 92,938 shares. Filtronic Plc has a one year low of GBX 50.25 and a one year high of GBX 88.00. The stock has a 50-day moving average of GBX 58.82 and a 200-day moving average of GBX 62.2. The company’s market cap is £54.8 million.
Filtronic plc is a United Kingdom-based company. The principal activity of the Company is the design and manufacture of broadband microwave and base station filter products for wireless telecommunications systems.
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