QinetiQ Group plc Receives Buy Rating from Espirito Santo Investment Bank Research (QQ)
QinetiQ Group plc (LON:QQ)‘s stock had its “buy” rating reiterated by Espirito Santo Investment Bank Research in a research note issued on Tuesday, Stock Ratings Network reports. They currently have a GBX 255 ($4.18) target price on the stock. Espirito Santo Investment Bank Research’s price target indicates a potential upside of 13.43% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital raised their price target on shares of QinetiQ Group plc from GBX 180 ($2.95) to GBX 210 ($3.44) in a research note to investors on Monday, November 25th. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of QinetiQ Group plc in a research note to investors on Thursday, November 21st. They now have a GBX 215 ($3.53) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of QinetiQ Group plc in a research note to investors on Thursday, November 21st. They now have a GBX 220 ($3.61) price target on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. QinetiQ Group plc presently has an average rating of “Buy” and a consensus price target of GBX 222 ($3.64).
QinetiQ Group plc (LON:QQ) traded up 1.63% during mid-day trading on Tuesday, hitting GBX 224.80. 1,106,655 shares of the company’s stock traded hands. QinetiQ Group plc has a 52-week low of GBX 177.70 and a 52-week high of GBX 225.463. The stock’s 50-day moving average is GBX 212.8 and its 200-day moving average is GBX 196.2. The company’s market cap is £1.463 billion.
QinetiQ Group plc (LON:QQ) is engaged in supplying of technical support, training, test and evaluation, and know-how to customers in the global defense, aerospace and security markets.
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