Liberum Capital Reiterates Hold Rating for QinetiQ Group plc (QQ)
QinetiQ Group plc (LON:QQ)‘s stock had its “hold” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Tuesday. They currently have a GBX 210 ($3.59) target price on the stock. Liberum Capital’s price target suggests a potential upside of 0.53% from the company’s current price.
A number of other firms have also recently commented on QQ. 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. Separately, analysts at Investec downgraded shares of QinetiQ Group plc to an “add” rating in a research note on Tuesday, June 24th. They now have a GBX 225 ($3.84) 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. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. QinetiQ Group plc presently has an average rating of “Hold” and an average price target of GBX 224.38 ($3.83).
QinetiQ Group plc (LON:QQ) traded down 1.28% during mid-day trading on Tuesday, hitting GBX 208.90. 1,549,532 shares of the company’s stock traded hands. QinetiQ Group plc has a one year low of GBX 179.20 and a one year high of GBX 238.70. The stock’s 50-day moving average is GBX 208.5 and its 200-day moving average is GBX 216.5. The company’s market cap is £1.363 billion.
QinetiQ Group plc focuses on the provision of technology-based solutions to meet customer requirements.
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