QinetiQ Group plc (LON:QQ)‘s stock had its “equal weight” rating restated by stock analysts at Barclays PLC in a research report issued to clients and investors on Friday. They currently have a GBX 245 ($3.20) price target on the stock. Barclays PLC’s target price would indicate a potential upside of 3.68% from the company’s current price.
Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of QinetiQ Group plc from GBX 245 ($3.20) to GBX 250 ($3.26) and gave the stock a “neutral” rating in a research report on Friday. Liberum Capital restated a “hold” rating and set a GBX 225 ($2.94) price objective on shares of QinetiQ Group plc in a research report on Thursday. Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 219 ($2.86) price objective on shares of QinetiQ Group plc in a research report on Sunday, September 11th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 265 ($3.46) price objective on shares of QinetiQ Group plc in a research report on Wednesday, July 20th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. QinetiQ Group plc currently has a consensus rating of “Hold” and an average price target of GBX 241.11 ($3.15).
QinetiQ Group plc (LON:QQ) opened at 236.30 on Friday. The stock has a 50 day moving average price of GBX 231.03 and a 200 day moving average price of GBX 230.12. The firm’s market capitalization is GBX 1.37 billion. QinetiQ Group plc has a one year low of GBX 204.10 and a one year high of GBX 275.70.
In other news, insider Brubaker,Lynn acquired 12,000 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The shares were acquired at an average cost of GBX 226 ($2.95) per share, with a total value of £27,120 ($35,400.08). Also, insider Mellors,David acquired 164 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The stock was purchased at an average cost of GBX 234 ($3.05) per share, for a total transaction of £383.76 ($500.93).
QinetiQ Group plc Company Profile
QinetiQ Group plc provides technology solutions. The Company provides research, innovation, advice, assurance, test and evaluation, engineering solutions and training services. The Company operates in two divisions: EMEA Services and Global Products. It operates in the EMEA Services, Global Products and US Services segments.
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