QinetiQ Group plc’s (QQ) Hold Rating Reaffirmed at Liberum Capital
Several other research analysts have also commented on the stock. Barclays PLC reiterated an overweight rating and set a GBX 285 ($3.83) price objective on shares of QinetiQ Group plc in a research note on Monday, September 25th. Goldman Sachs Group, Inc. (The) reduced their price objective on shares of QinetiQ Group plc from GBX 255 ($3.43) to GBX 253 ($3.40) and set a sell rating for the company in a research note on Thursday, July 20th. Finally, J P Morgan Chase & Co reduced their price objective on shares of QinetiQ Group plc from GBX 295 ($3.97) to GBX 290 ($3.90) and set a neutral rating for the company in a research note on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of GBX 276.33 ($3.72).
Shares of QinetiQ Group plc (QQ) traded up 5.78% during midday trading on Friday, hitting GBX 246.90. 4,121,328 shares of the company traded hands. QinetiQ Group plc has a 52 week low of GBX 217.30 and a 52 week high of GBX 322.90. The stock’s market capitalization is GBX 1.39 billion. The company has a 50-day moving average price of GBX 232.37 and a 200-day moving average price of GBX 270.41.
ILLEGAL ACTIVITY WARNING: “QinetiQ Group plc’s (QQ) Hold Rating Reaffirmed at Liberum Capital” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/qinetiq-group-plcs-qq-hold-rating-reaffirmed-at-liberum-capital/1599347.html.
In related news, insider Michael Harper purchased 5,000 shares of the business’s stock in a transaction on Friday, July 21st. The shares were acquired at an average price of GBX 241 ($3.24) per share, for a total transaction of £12,050 ($16,204.95). Also, insider Steve Wadey purchased 15,000 shares of the business’s stock in a transaction on Thursday, July 13th. The shares were bought at an average price of GBX 262 ($3.52) per share, for a total transaction of £39,300 ($52,851.00). In the last quarter, insiders have purchased 64,067 shares of company stock valued at $15,403,295.
About QinetiQ Group plc
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.
Receive News & Ratings for QinetiQ Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QinetiQ Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.