Panmure Gordon Reiterates Buy Rating for Filtronic Plc (FTC)

Filtronic Plc (LON:FTC)‘s stock had its “buy” rating reiterated by Panmure Gordon in a research report issued on Thursday. They currently have a GBX 29 ($0.38) price target on the stock. Panmure Gordon’s target price would indicate a potential upside of 149.46% from the stock’s previous close.

Filtronic Plc (LON:FTC) opened at 11.51 on Thursday. Filtronic Plc has a 12 month low of GBX 4.79 and a 12 month high of GBX 15.00. The company has a 50 day moving average price of GBX 11.44 and a 200-day moving average price of GBX 10.02. The company’s market cap is GBX 23.82 million.

Filtronic Plc Company Profile

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 operates in two segments: Broadband, which includes the design and manufacture of transceiver modules and filters for backhaul microwave linking of base stations used in wireless telecommunications networks and Wireless, which includes the design of radio frequency conditioning product for base stations used in Wireless telecommunication networks.

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