Barclays PLC restated their equal weight rating on shares of QinetiQ Group plc (LON:QQ) in a research note released on Friday morning. The brokerage currently has a GBX 245 ($3.20) price objective on the stock.
QQ has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their price objective on shares of QinetiQ Group plc from GBX 245 ($3.20) to GBX 250 ($3.26) and gave the stock a neutral rating in a research report on Friday, September 30th. Liberum Capital reaffirmed a hold rating and set a GBX 225 ($2.94) price objective on shares of QinetiQ Group plc in a research report on Thursday, September 29th. Goldman Sachs Group Inc. reaffirmed a sell rating and set a GBX 219 ($2.86) price objective on shares of QinetiQ Group plc in a research report on Sunday, September 11th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 265 ($3.46) price objective on shares of QinetiQ Group plc in a research report on Wednesday, July 20th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 239.14 ($3.12).
QinetiQ Group plc (LON:QQ) opened at 237.90 on Friday. The stock’s 50 day moving average price is GBX 232.38 and its 200-day moving average price is GBX 230.18. The firm’s market capitalization is GBX 1.38 billion. QinetiQ Group plc has a 12 month low of GBX 204.10 and a 12 month high of GBX 275.70.
In other news, insider Brubaker,Lynn acquired 12,000 shares of QinetiQ Group plc stock in a transaction dated Friday, July 29th. The shares were 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 QinetiQ Group plc stock in a transaction dated Friday, September 2nd. The stock was purchased 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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