Watchstone Group PLC (LON:QPP) had its price target hoisted by research analysts at Peel Hunt from GBX 178 ($2.58) to GBX 250 ($3.62) in a research note issued to investors on Friday, reports. The firm presently has a “buy” rating on the software and consulting company’s stock. Peel Hunt’s target price suggests a potential upside of 155.10% from the stock’s previous close.

Watchstone Group plc, formerly Quindell Plc, is a United Kingdom-based technology company. The Company is engaged in the provision of software, consulting and other services, or technology enabled business process outsourcing services. The Company is focused on serving the insurance sector. The Company delivers technology solutions or utilizes technology in providing services.

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