Filtronic plc (LON:FTC – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 252.98 and traded as high as GBX 255. Filtronic shares last traded at GBX 249, with a volume of 980,789 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank increased their price objective on shares of Filtronic from GBX 360 to GBX 440 and gave the company a “buy” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 440.
Filtronic Price Performance
Filtronic Company Profile
For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances. Our advanced solutions enhance connectivity, optimise bandwidth, and minimise latency. As pioneers in high-frequency mmWave technology, we tackle the toughest challenges in the market, which is why global tech leaders choose Filtronic for unmatched expertise and innovative solutions.
Read More
- Five stocks we like better than Filtronic
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Receive News & Ratings for Filtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Filtronic and related companies with MarketBeat.com's FREE daily email newsletter.
