QinetiQ Group plc Receives Add Rating from Investec (QQ)
QinetiQ Group plc (LON:QQ)‘s stock had its “add” rating reiterated by analysts at Investec in a research report issued to clients and investors on Wednesday. They currently have a GBX 225 ($3.84) price target on the stock. Investec’s price target points to a potential upside of 6.43% from the stock’s previous close.
A number of other analysts have also recently weighed in on QQ. Analysts at Liberum Capital reiterated a “hold” rating on shares of QinetiQ Group plc in a research note on Tuesday. They now have a GBX 210 ($3.59) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of QinetiQ Group plc in a research note on Thursday, July 10th. They now have a GBX 250 ($4.27) price target on the stock. Finally, analysts at Berenberg Bank initiated coverage on shares of QinetiQ Group plc in a research note on Tuesday, June 17th. They set a “hold” rating and a GBX 255 ($4.36) price target on the stock. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 226.88 ($3.88).
QinetiQ Group plc (LON:QQ) opened at 211.20 on Wednesday. QinetiQ Group plc has a 1-year low of GBX 179.20 and a 1-year high of GBX 238.70. The stock has a 50-day moving average of GBX 208.5 and a 200-day moving average of GBX 216.7. The company’s market cap is £1.378 billion.
QinetiQ Group plc focuses on the provision of technology-based solutions to meet customer requirements.
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