Quixant PLC (QXT) Receives New Coverage from Analysts at Canaccord Genuity
Equities researchers at Canaccord Genuity began coverage on shares of Quixant PLC (LON:QXT) in a report issued on Monday. The brokerage set a “buy” rating and a GBX 500 ($6.53) price target on the stock. Canaccord Genuity’s target price suggests a potential upside of 22.70% from the company’s current price.
Several other brokerages have also recently issued reports on QXT. FinnCap lifted their price objective on Quixant PLC from GBX 415 ($5.42) to GBX 450 ($5.88) and gave the company a “corporate” rating in a research note on Monday. Berenberg Bank began coverage on Quixant PLC in a research note on Wednesday, July 5th. They issued a “buy” rating and a GBX 600 ($7.83) price objective for the company.
Quixant PLC (LON:QXT) remained flat at GBX 407.50 during mid-day trading on Monday. 1,000 shares of the stock traded hands. Quixant PLC has a 12 month low of GBX 200.00 and a 12 month high of GBX 419.80. The company’s market cap is GBX 266.36 million. The firm has a 50 day moving average price of GBX 381.99 and a 200-day moving average price of GBX 375.41.
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Quixant PLC Company Profile
Quixant Plc is a United Kingdom-based company engaged in development and supply of computer systems. The Company’s range of gaming platforms includes personal computer (PC) compatible systems designed and catered to the gaming industry. The hardware integrates the features to drive pay to play machines in various gaming jurisdictions.
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