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Re: IQE Stream Log
12:19 07/02/2018
TheLongView
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Extract from Barclays Capital updated note yesterday for those asking for forward projections. AT £1.04, IQE trades on 23x/16x/13x 2018-20 P/E, multiples we consider very attractive given the 30%+ EPS growth forecast through the end of the decade. We reiterate our Overweight rating and £2.10 price target.

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