The stock of IQE plc (LON:IQE) is a huge mover today! The stock increased 2.71% or GBX 0.88 on November 18, hitting GBX 33.38. About 7.07 million shares traded hands or 292.78% up from the average. IQE plc (LON:IQE) has risen 47.73% since April 20, 2016 and is uptrending. It has outperformed by 43.30% the S&P500.
The move comes after 8 months positive chart setup for the GBX 236.09M company. It was reported on Nov, 18 by Barchart.com. We have GBX 55.74 PT which if reached, will make LON:IQE worth GBX 158.18M more.
IQE plc (LON:IQE) Ratings Coverage
Out of 3 analysts covering Iqe (LON:IQE), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 51 is the highest target while GBX 29 is the lowest. The GBX 39.67 average target is 18.84% above today’s (GBX 33.38) stock price. Iqe has been the topic of 18 analyst reports since September 15, 2015 according to StockzIntelligence Inc. N+1 Singer maintained IQE plc (LON:IQE) rating on Thursday, September 15. N+1 Singer has “Buy” rating and GBX 35 price target. The rating was maintained by Peel Hunt with “Buy” on Tuesday, March 22. The firm has “Buy” rating given on Wednesday, May 4 by Peel Hunt. The rating was maintained by N+1 Singer on Tuesday, September 15 with “Buy”. Peel Hunt maintained it with “Buy” rating and GBX 30 target price in Thursday, August 25 report. As per Tuesday, September 13, the company rating was maintained by Canaccord Genuity. The stock has “Buy” rating given by Peel Hunt on Thursday, September 15. The stock has “Buy” rating given by Peel Hunt on Thursday, November 10. The stock of IQE plc (LON:IQE) has “Buy” rating given on Wednesday, July 20 by Peel Hunt. The company was maintained on Tuesday, September 13 by Peel Hunt.
More recent IQE plc (LON:IQE) news were published by: Fool.Co.Uk which released: “IQE plc Sky-Rockets On Semiconductor Sales Growth” on January 20, 2015. Also Fool.Co.Uk published the news titled: “Should You Buy Gulf Marine Services PLC, IQE plc And e-Therapeutics plc After …” on March 22, 2016. Fool.Co.Uk‘s news article titled: “One Crucial Question for Quindell PLC, IQE plc And IGAS Energy PLC” with publication date: November 27, 2014 was also an interesting one.
IQE plc is a United Kingdom-based holding company. The company has a market cap of 236.09 million GBP. The Firm is engaged in the research, development and provision of engineering consultancy services to the compound semiconductor industry. It has a 9.08 P/E ratio. The Company’s divisions include wireless, photonics, Infra Red and CMOS++.
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