QinetiQ Group plc (LON:QQ – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 443.40 ($5.48).
QQ has been the subject of several research analyst reports. Shore Capital restated a “buy” rating on shares of QinetiQ Group in a research report on Monday, April 22nd. Berenberg Bank upped their price target on shares of QinetiQ Group from GBX 440 ($5.43) to GBX 445 ($5.50) and gave the company a “buy” rating in a research report on Monday, January 22nd.
Get Our Latest Analysis on QinetiQ Group
QinetiQ Group Stock Up 0.4 %
QinetiQ Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, February 2nd. Shareholders of record on Thursday, January 4th were paid a GBX 2.60 ($0.03) dividend. The ex-dividend date was Thursday, January 4th. This represents a yield of 0.74%. QinetiQ Group’s dividend payout ratio is presently 4,444.44%.
About QinetiQ Group
QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.
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