Peel Hunt reiterated their buy rating on shares of IQE plc (LON:IQE) in a report released on Wednesday morning. They currently have a GBX 150 ($1.94) target price on the stock.

Separately, Canaccord Genuity reissued a buy rating and set a GBX 180 ($2.32) target price on shares of IQE plc in a research report on Tuesday, September 5th.

IQE plc (LON:IQE) opened at 131.00 on Wednesday. The company has a 50 day moving average of GBX 130.90 and a 200-day moving average of GBX 84.12. The firm’s market cap is GBX 886.06 million. IQE plc has a one year low of GBX 27.00 and a one year high of GBX 160.00.

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IQE plc Company Profile

IQE plc is a United Kingdom-based holding company. The Company is engaged in the research, development and provision of engineering consultancy services to the compound semiconductor industry. The Company’s segments include wireless, photonics, Infra Red and CMOS++. The Company is the manufacturer and supplier of Compound Semiconductor wafers or epiwafers using a process called epitaxy.

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