Shares of QinetiQ Group plc (LON:QQ) have earned a consensus rating of “Hold” from the seven analysts that are currently covering the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 239.14 ($3.12).
A number of research firms recently commented on QQ. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 265 ($3.46) price target on shares of QinetiQ Group plc in a report on Wednesday, June 15th. Canaccord Genuity restated a “buy” rating and set a GBX 265 ($3.46) price objective on shares of QinetiQ Group plc in a report on Wednesday, July 20th. Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 192 ($2.51) price objective on shares of QinetiQ Group plc in a report on Monday, June 27th. Liberum Capital restated a “hold” rating and set a GBX 225 ($2.94) price objective on shares of QinetiQ Group plc in a report on Thursday, September 29th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 245 ($3.20) price objective on shares of QinetiQ Group plc in a report on Friday, September 30th.
In other news, insider Brubaker,Lynn acquired 12,000 shares of the stock in a transaction on Friday, July 29th. The stock was acquired at an average cost of GBX 226 ($2.95) per share, for a total transaction of £27,120 ($35,400.08). Also, insider Mellors,David acquired 164 shares of the stock in a transaction on Friday, September 2nd. The shares were purchased at an average price of GBX 234 ($3.05) per share, with a total value of £383.76 ($500.93).
QinetiQ Group plc (LON:QQ) opened at 241.00 on Friday. The stock has a 50 day moving average price of GBX 232.07 and a 200-day moving average price of GBX 230.16. The firm’s market capitalization is GBX 1.40 billion. QinetiQ Group plc has a one year low of GBX 204.10 and a one year high of GBX 275.70.
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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