QinetiQ Group plc Stock Rating Reaffirmed by Liberum Capital (QQ)
QinetiQ Group plc (LON:QQ)‘s stock had its “hold” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Friday, American Banking and Market News reports.
QinetiQ Group plc (LON:QQ) traded down 1.85% on Friday, hitting GBX 196.30. The stock had a trading volume of 531,143 shares. QinetiQ Group plc has a 1-year low of GBX 178.50 and a 1-year high of GBX 238.70. The stock’s 50-day moving average is GBX 217.7 and its 200-day moving average is GBX 216.8. The company’s market cap is £1.278 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity initiated coverage on shares of QinetiQ Group plc in a research note on Wednesday. They set a “buy” rating and a GBX 225 ($3.79) price target on the stock. Separately, analysts at Barclays downgraded shares of QinetiQ Group plc to an “equal weight” rating in a research note on Monday. They now have a GBX 215 ($3.62) price target on the stock. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 231.67 ($3.90).
QinetiQ Group plc focuses on the provision of technology-based solutions to meet customer requirements.
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