Watchstone Group PLC (LON:QPP) had its price target cut by investment analysts at Peel Hunt from GBX 315 ($4.11) to GBX 290 ($3.79) in a research report issued on Monday, reports. The firm presently has a “buy” rating on the software and consulting company’s stock. Peel Hunt’s target price would indicate a potential upside of 195.92% from the stock’s previous close.

Watchstone Group PLC Company Profile

Watchstone Group plc, formerly Quindell Plc, is a United Kingdom-based technology company. The Company is engaged in the provision of software, consulting and other services, or technology enabled business process outsourcing services. The Company is focused on serving the insurance sector. The Company delivers technology solutions or utilizes technology in providing services.

Stock Target Prices

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