Quindell PLC Earns Buy Rating from Cenkos Securities Ltd (QPP)
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 Monday. They now have a GBX 362 ($6.01) price target on the stock.
Shares of Quindell PLC (LON:QPP) traded up 6.95% during mid-day trading on Tuesday, hitting GBX 180.75. 6,817,427 shares of the company’s stock traded hands. Quindell PLC has a 1-year low of GBX 138.07 and a 1-year high of GBX 682.50. The stock’s 50-day moving average is GBX 186.8 and its 200-day moving average is GBX 349.9.
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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