Were Analysts Bearish IQE plc (LON:IQE) This Week?

September 30, 2018 - By Margaret Guttierez

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 had 17 analyst reports since April 3, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, June 4 by Peel Hunt. The stock of IQE plc (LON:IQE) earned “Buy” rating by Peel Hunt on Tuesday, July 24. The company was maintained on Monday, July 9 by Peel Hunt. The company was maintained on Tuesday, July 3 by Peel Hunt. Deutsche Bank maintained the stock with “Hold” rating in Friday, July 13 report. The rating was maintained by Deutsche Bank on Wednesday, September 12 with “Hold”. Deutsche Bank maintained the stock with “Hold” rating in Thursday, July 26 report. The rating was maintained by Canaccord Genuity on Wednesday, August 29 with “Buy”. The firm earned “Overweight” rating on Wednesday, August 15 by Barclays Capital. As per Wednesday, August 29, the company rating was maintained by Peel Hunt. Below is a list of IQE plc (LON:IQE) latest ratings and price target changes.

19/09/2018 Broker: Peel Hunt Rating: Buy New Target: GBX 154.00 Initiates Starts
12/09/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 110.00 Maintain
29/08/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 190.00 New Target: GBX 190.00 Maintain
30/08/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 170.00 Maintain
30/08/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 115.00 New Target: GBX 110.00 Maintain
29/08/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 170.00 Maintain
15/08/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 210.00 New Target: GBX 170.00 Reiteration
01/08/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 170.00 Maintain
26/07/2018 Broker: Deutsche Bank Rating: Hold Maintain
24/07/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 170.00 Maintain

The stock decreased 1.03% or GBX 0.85 during the last trading session, reaching GBX 82.05. About 2.64 million shares traded. IQE plc (LON:IQE) has 0.00% since September 30, 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 627.18 million GBP. The firm operates through Wireless, Photonics, Infra Red, and CMOS++ divisions. It has a 63.12 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.

Another recent and important IQE plc (LON:IQE) news was published by Fool.Co.Uk which published an article titled: “Forget IQE, I’d pile into this high-flying growth company right now” on September 03, 2018.

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