Why Peel Hunt Has Just Restated Their Buy Rating For IQE PLC (LON:IQE) Shares

IQE PLC (LON:IQE) Rating Reaffirmed

IQE PLC (LON:IQE) stock Buy rating has been maintained at Peel Hunt in an analyst note revealed on Friday, 30 November.

IQE plc (LON:IQE) Ratings Coverage

Among 4 analysts covering IQE PLC (LON:IQE), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. IQE PLC has GBX 190 highest and GBX 80 lowest target. GBX 122.75’s average target is 70.25% above currents GBX 72.1 stock price. IQE PLC had 24 analyst reports since June 4, 2018 according to SRatingsIntel. The stock of IQE plc (LON:IQE) earned “Overweight” rating by Barclays Capital on Wednesday, August 15. The firm has “Buy” rating by Peel Hunt given on Monday, June 4. The firm earned “Buy” rating on Friday, November 30 by Peel Hunt. Peel Hunt maintained the shares of IQE in report on Tuesday, November 13 with “Buy” rating. The firm has “Buy” rating by Peel Hunt given on Monday, July 9. The stock of IQE plc (LON:IQE) has “Overweight” rating given on Thursday, August 30 by Barclays Capital. The firm has “Buy” rating by Peel Hunt given on Wednesday, August 29. The firm has “Buy” rating given on Wednesday, August 29 by Canaccord Genuity. The stock of IQE plc (LON:IQE) earned “Overweight” rating by Barclays Capital on Friday, November 16. The firm earned “Buy” rating on Monday, October 15 by Peel Hunt.

The stock decreased 1.23% or GBX 0.9 during the last trading session, reaching GBX 72.1. About 2.31 million shares traded. IQE plc (LON:IQE) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

IQE plc develops, manufactures, and sells advanced semiconductor materials worldwide. The company has market cap of 558.82 million GBP. The firm operates through Wireless, Photonics, Infra Red, and CMOS++ divisions. It has a 55.46 P/E ratio. It makes 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.

More news for IQE plc (LON:IQE) were recently published by: Fool.Co.Uk, which released: “Is the IQE share price the bargain of the century? – Motley Fool UK” on July 27, 2018. Fool.Co.Uk‘s article titled: “This dynamic small-cap is thrashing the IQE share price – Motley Fool UK” and published on September 10, 2018 is yet another important article.

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