Liberum Capital Reaffirms Hold Rating for QinetiQ Group plc (QQ)

Liberum Capital reiterated their hold rating on shares of QinetiQ Group plc (LON:QQ) in a research report sent to investors on Thursday morning. They currently have a GBX 270 ($3.33) target price on the stock.

QQ has been the topic of a number of other research reports. Berenberg Bank raised shares of QinetiQ Group plc to a hold rating and upped their price target for the company from GBX 210 ($2.59) to GBX 275 ($3.40) in a research note on Monday, January 9th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 265 ($3.27) price target on shares of QinetiQ Group plc in a research note on Monday, December 5th. Finally, Canaccord Genuity upped their price target on shares of QinetiQ Group plc from GBX 265 ($3.27) to GBX 270 ($3.33) and gave the company a buy rating in a research note on Friday, November 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 264.83 ($3.27).

Analyst Recommendations for QinetiQ Group plc (LON:QQ)

Shares of QinetiQ Group plc (LON:QQ) opened at 283.20 on Thursday. QinetiQ Group plc has a 52 week low of GBX 204.10 and a 52 week high of GBX 289.10. The company’s market cap is GBX 1.64 billion. The stock’s 50 day moving average is GBX 275.57 and its 200-day moving average is GBX 252.13.

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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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