SQS Software Quality Systems (SQS) Rating Increased to Buy at Numis Securities
SQS Software Quality Systems (LON:SQS) was upgraded by equities researchers at Numis Securities to a “buy” rating in a research report issued on Wednesday, November 29th. The brokerage currently has a GBX 644 ($8.61) price objective on the stock. Numis Securities’ price objective suggests a potential downside of 20.84% from the company’s previous close.
Separately, N+1 Singer reaffirmed a “buy” rating on shares of SQS Software Quality Systems in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 640.20 ($8.56).
Shares of SQS Software Quality Systems (SQS) opened at GBX 813.50 ($10.88) on Wednesday. SQS Software Quality Systems has a 12-month low of GBX 420 ($5.62) and a 12-month high of GBX 820 ($10.96).
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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