IQE (LON:IQE – Get Rating) had its price target upped by analysts at Deutsche Bank Aktiengesellschaft from GBX 45 ($0.53) to GBX 60 ($0.71) in a research report issued on Wednesday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 19.52% from the stock’s previous close.
IQE Trading Up 0.4 %
Shares of IQE stock opened at GBX 50.20 ($0.59) on Wednesday. IQE has a 52-week low of GBX 27.53 ($0.33) and a 52-week high of GBX 50.90 ($0.60). The stock’s 50-day simple moving average is GBX 40.56 and its 200 day simple moving average is GBX 37.48. The stock has a market capitalization of £403.99 million and a P/E ratio of -12.87. The company has a debt-to-equity ratio of 31.01, a quick ratio of 0.97 and a current ratio of 1.46.
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