Cenkos Securities Ltd Reaffirms Buy Rating for Quindell PLC (QPP)
Shares of Quindell PLC (LON:QPP) opened at 194.1181 on Thursday. Quindell PLC has a 52 week low of GBX 138.07 and a 52 week high of GBX 682.50. The stock has a 50-day moving average of GBX 193.7 and a 200-day moving average of GBX 368.3.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Quindell PLC in a research note on Thursday. They now have a GBX 362 ($6.05) price target on the stock.
Quindell PLC is a holding company. The Company is engaged in sale of software and consulting services, and the provision of technology enabled business process outsourcing services to brands operating in the sectors, which include Insurance, Finance, Health and Legal; Telecoms, Utilities, Retail and E-commerce, and Government and Public Sector.
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