Canaccord Genuity Reaffirms Buy Rating for SQS Software Quality Systems AG (SQS)
SQS Software Quality Systems AG (LON:SQS)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a note issued to investors on Tuesday. They presently have a GBX 650 ($8.48) target price on the stock. Canaccord Genuity’s target price suggests a potential upside of 7.00% from the company’s current price.
Shares of SQS Software Quality Systems AG (LON:SQS) remained flat at GBX 610.00 during midday trading on Tuesday. 8,975 shares of the company’s stock were exchanged. The stock’s 50 day moving average is GBX 582.00 and its 200 day moving average is GBX 503.09. SQS Software Quality Systems AG has a one year low of GBX 392.00 and a one year high of GBX 645.00. The stock’s market cap is GBX 193.22 million.
About SQS Software Quality Systems AG
SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months).
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