POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF (EQQQ) Receives Average Rating of “Hold” from Analysts

Shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF (LON:EQQQ) have earned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $79.10.

Several analysts have commented on EQQQ shares. Craig Hallum cut shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada restated a “sector perform” rating and set a $93.00 price objective (up from $90.00) on shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF in a research note on Thursday, July 27th. Jefferies Group LLC cut shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF from a “buy” rating to a “hold” rating and set a $29.00 price objective for the company. in a research note on Monday, September 11th. Stifel Nicolaus restated a “buy” rating and set a $103.00 price objective (up from $98.00) on shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF in a research note on Tuesday, September 12th. Finally, J P Morgan Chase & Co cut shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF from an “overweight” rating to a “neutral” rating and lifted their price objective for the company from $96.00 to $98.00 in a research note on Wednesday, September 20th.

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Shares of POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF (EQQQ) opened at $11,736.50 on Friday. POWERSHARES GLBAL FUNDS IRELAND PLC POWERSHARES EQQQ NASDAQ-100 UCITS ETF has a 12-month low of $91.51 and a 12-month high of $11,763.00.

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