IQE PLC (LON:IQE) Receives Buy Rating From N+1 Singer Analysts
IQE PLC (LON:IQE) had its stock rating retained as ‘Buy’ in a report released by analysts at N+1 Singer.
N+1 Singer today set a target price of 35 on the company’s stock. According to the analyst this now indicates there is a potential increase of 11.11% from IQE PLC’s current price of 31.5.
There are currently 666,683,000 shares in issue with a current share value of 31.5 giving IQE PLC a market capitalisation of 210.01M GBp .
IQE PLC (LON:IQE) has a 50 day moving average of 29.18 and a 200 day moving average of 23.13. The 52 week high for the share price is 32.25 while the 52 week low for the stock is 15.78.