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Shore Capital Reaffirms Buy Rating for QinetiQ Group (LON:QQ)

QinetiQ Group logo with Industrials background
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QinetiQ Group (LON:QQ - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Shore Capital in a report released on Monday, Marketbeat reports.

Several other research analysts also recently issued reports on QQ. Barclays lifted their price objective on QinetiQ Group from GBX 535 ($6.94) to GBX 570 ($7.39) and gave the stock an "overweight" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. boosted their price target on QinetiQ Group from GBX 455 ($5.90) to GBX 535 ($6.94) and gave the stock an "overweight" rating in a report on Thursday, December 12th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 533.75 ($6.92).

View Our Latest Stock Analysis on QQ

QinetiQ Group Price Performance

QinetiQ Group stock traded down GBX 4.60 ($0.06) during mid-day trading on Monday, reaching GBX 374.60 ($4.86). The company had a trading volume of 2,720,449 shares, compared to its average volume of 88,555. The stock's 50-day simple moving average is GBX 411.38 and its 200-day simple moving average is GBX 430.39. QinetiQ Group has a 1 year low of GBX 292.20 ($3.79) and a 1 year high of GBX 491 ($6.37). The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. The company has a market capitalization of £2.07 billion, a P/E ratio of 15.51, a P/E/G ratio of 1.47 and a beta of 0.48.

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QinetiQ Group Company Profile

(Get Free Report)

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions 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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