Liberum Capital reissued their hold rating on shares of QinetiQ Group plc (LON:QQ) in a research note released on Thursday morning. The brokerage currently has a GBX 225 ($2.94) price objective on the stock.
Several other research firms have also recently issued reports on QQ. Goldman Sachs Group Inc. reiterated a sell rating and issued a GBX 192 ($2.51) target price on shares of QinetiQ Group plc in a research note on Monday, June 27th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 265 ($3.46) target price on shares of QinetiQ Group plc in a research note on Wednesday, June 15th. Finally, Canaccord Genuity reiterated 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 given a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 239.14 ($3.12).
Shares of QinetiQ Group plc (LON:QQ) opened at 241.00 on Thursday. The firm’s 50-day moving average is GBX 231.74 and its 200-day moving average is GBX 230.11. QinetiQ Group plc has a 12 month low of GBX 204.10 and a 12 month high of GBX 275.70. The company’s market cap is GBX 1.40 billion.
In other QinetiQ Group plc news, insider Brubaker,Lynn bought 12,000 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The shares were bought at an average price of GBX 226 ($2.95) per share, for a total transaction of £27,120 ($35,400.08). Also, insider Mellors,David bought 164 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The stock was acquired at an average price of GBX 234 ($3.05) per share, for a total transaction of £383.76 ($500.93).
About QinetiQ Group plc
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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