IQE’s (IQE) “Hold” Rating Reiterated at Deutsche Bank

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Deutsche Bank reiterated their hold rating on shares of IQE (LON:IQE) in a report released on Wednesday.

Other analysts have also issued reports about the company. Peel Hunt reaffirmed a buy rating on shares of IQE in a research report on Monday, June 4th. Barclays reaffirmed an overweight rating on shares of IQE in a research report on Monday, July 2nd. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 190 ($2.47) target price on shares of IQE in a research report on Wednesday, August 29th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of GBX 171.57 ($2.23).

Shares of LON:IQE opened at GBX 89.70 ($1.17) on Wednesday. IQE has a 1 year low of GBX 45 ($0.59) and a 1 year high of GBX 181.50 ($2.36).

IQE Company Profile

IQE plc develops, manufactures, and sells advanced semiconductor materials worldwide. The company operates through Wireless, Photonics, Infra Red, and CMOS++ segments. It manufactures compound semiconductor wafers or epiwafers using epitaxy process; and offers various products, including HBTs, pHEMTs, BiFETs/BiHEMTs, HFETs, LMHEMTs, LNHEMTs, and MESFETs for use in wireless devices, such as mobile phones, smartphones, mobile networks, Wi-Fi, smart metering, satellite navigation, and a plethora of connected devices.

See Also: Investing in Growth Stocks

Analyst Recommendations for IQE (LON:IQE)

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