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Filtronic PLC (LON:FTC) stock price target held steady at 29.00GBX, issued a report today by Panmure Gordon

In a report released on Thursday September 29, 2016 Panmure Gordon hold steady the stock price target of Filtronic PLC (LON:FTC) from 29.00GBX to 29.00GBX indicating a possible upside of 1.49%.

Previously on Tuesday August 02, 2016, Panmure Gordon reported on Filtronic PLC (LON:FTC) increased the target price from 24.00GBX to 29.00GBX. At the time, this indicated a possible upside of 1.09%.

Yesterday Filtronic PLC (LON:FTC) traded 4.19% higher at 11.63GBX. The company’s 50-day moving average is 11.48GBX and its 200-day moving average is 9.98GBX. The last closing price is up 13.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,542,401 shares of the stock traded hands, up from an average trading volume of 565,907

See Chart Below

Filtronic PLC (LON:FTC)

Filtronic PLC has a 52 week low of 4.79GBX and a 52 week high of 15.00GBX The company’s market cap is currently 0 GBX.

In addition to Panmure Gordon reporting its stock price target, a total of 1 broker has issued a report on the company. The average stock price target is 8.90GBX with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Filtronic PLC (LON:FTC)

Filtronic plc is engaged in the design and manufacture of a range of customized radio frequency (RF), microwave and millimeter-wave components and subsystems. The Company's segments include Filtronic Broadband, Filtronic Wireless and Central Services. The Filtronic Broadband segment is engaged in the design and manufacture of transceiver modules and filters for backhaul microwave linking of base stations used in wireless telecommunications networks. The Filtronic Wireless is engaged in the design of radio frequency conditioning product for base stations used in wireless telecommunication networks. The Central Services segment provides support to the trading businesses. Its products are used in mobile wireless communication equipment and point-to-point communication systems, among others. Its product range includes transceiver modules and multi-chip, surface mountable transceiver packages at microwave, 71 gigahertz (GHz) to 86 GHz (E-band) and 57 GHz to 66 GHz (V-band) frequencies.

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