Liberum Capital Reiterates “Hold” Rating for QinetiQ Group plc (QQ)
QinetiQ Group plc (LON:QQ)‘s stock had its “hold” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 210 ($3.53) price objective on the stock. Liberum Capital’s price target points to a potential downside of 1.91% from the stock’s previous close.
QQ has been the subject of a number of other recent research reports. Analysts at Investec downgraded shares of QinetiQ Group plc to an “add” rating in a research note on Tuesday. They now have a GBX 225 ($3.78) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of QinetiQ Group plc in a research note on Friday, May 30th. They now have a GBX 225 ($3.78) price target on the stock. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. QinetiQ Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 223.57 ($3.76).
QinetiQ Group plc (LON:QQ) traded down 1.92% on Friday, hitting GBX 210.00. The stock had a trading volume of 901,860 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 208.0 and its 200-day moving average is GBX 217.6. The company’s market cap is £1.370 billion.
QinetiQ Group plc focuses on the provision of technology-based solutions to meet customer requirements.
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