QinetiQ Group plc (QQ) Receives Hold Rating from Liberum Capital
Liberum Capital reaffirmed their hold rating on shares of QinetiQ Group plc (LON:QQ) in a research note published on Thursday. Liberum Capital currently has a GBX 225 ($2.94) price objective on the stock.
Several other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 245 ($3.20) price target on shares of QinetiQ Group plc in a report on Wednesday, September 14th. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 219 ($2.86) target price on shares of QinetiQ Group plc in a research note on Sunday, September 11th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 265 ($3.46) target price on shares of QinetiQ Group plc in a research note on Wednesday, July 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 241.11 ($3.15).
Shares of QinetiQ Group plc (LON:QQ) opened at 233.90 on Thursday. The company’s 50 day moving average price is GBX 231.03 and its 200 day moving average price is GBX 230.12. The stock’s market capitalization is GBX 1.36 billion. QinetiQ Group plc has a one year low of GBX 204.10 and a one year high of GBX 275.70.
In related news, insider Mellors,David purchased 164 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The shares were acquired at an average price of GBX 234 ($3.05) per share, for a total transaction of £383.76 ($500.93). Also, insider Brubaker,Lynn purchased 12,000 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The stock was bought at an average price of GBX 226 ($2.95) per share, for a total transaction of £27,120 ($35,400.08).
QinetiQ Group plc Company Profile
QinetiQ Group plc provides technology solutions. The Company provides research, innovation, advice, assurance, test and evaluation, engineering solutions and training services. The Company operates in two divisions: EMEA Services and Global Products. It operates in the EMEA Services, Global Products and US Services segments.
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