Liberum Capital reaffirmed their hold rating on shares of QinetiQ Group plc (LON:QQ) in a research note issued to investors on Thursday. The firm currently has a GBX 270 ($3.33) price target on the stock.
A number of other brokerages have also issued reports on QQ. JPMorgan Chase & Co. raised their price target on shares of QinetiQ Group plc from GBX 275 ($3.40) to GBX 295 ($3.64) and gave the stock a neutral rating in a report on Thursday, February 16th. Canaccord Genuity reissued a buy rating and issued a GBX 270 ($3.33) price target on shares of QinetiQ Group plc in a report on Friday, December 2nd. Finally, Berenberg Bank reissued a hold rating and issued a GBX 275 ($3.40) price target on shares of QinetiQ Group plc in a report on Thursday, February 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. QinetiQ Group plc has a consensus rating of Hold and an average price target of GBX 264.83 ($3.27).
Shares of QinetiQ Group plc (LON:QQ) opened at 283.20 on Thursday. QinetiQ Group plc has a 12-month low of GBX 204.10 and a 12-month high of GBX 289.10. The company has a 50 day moving average of GBX 275.57 and a 200-day moving average of GBX 252.13. The firm’s market cap is GBX 1.64 billion.
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QinetiQ Group plc Company Profile
QinetiQ Group plc is a science and engineering company operating in the defense, security and aerospace markets. The Company’s segments include EMEA Services and Global Products. The EMEA Services segment provides technical assurance, test and evaluation, and training services. It provides research and advice in specialist areas, such as concept of command, control, communications, computers, intelligence, surveillance and reconnaissance, weapons and energetics, cyber security and procurement advisory services.
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