N+1 Singer restated their buy rating on shares of IQE plc (LON:IQE) in a research report report published on Thursday morning. The brokerage currently has a GBX 35 ($0.46) price target on the stock.

Other research analysts have also issued reports about the company. Peel Hunt restated a buy rating and issued a GBX 30 ($0.39) price target on shares of IQE plc in a research report on Thursday, August 25th. Canaccord Genuity restated a buy rating and issued a GBX 30 ($0.39) price target on shares of IQE plc in a research report on Tuesday, June 7th.

IQE plc (LON:IQE) opened at 31.375 on Thursday. The firm has a 50-day moving average price of GBX 26.95 and a 200 day moving average price of GBX 21.66. The firm’s market capitalization is GBX 209.17 million. IQE plc has a 12 month low of GBX 15.78 and a 12 month high of GBX 32.00.

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. It is engaged in the sale of advanced semiconductor materials. Its operating segments are wireless, photonics and electronics.

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