IQE plc’s (IQE) Buy Rating Reiterated at Peel Hunt
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.
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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