QinetiQ Group (LON:QQ) Price Target Increased to GBX 367 by Analysts at UBS Group
QinetiQ Group (LON:QQ) had its price target hoisted by UBS Group from GBX 335 ($4.41) to GBX 367 ($4.83) in a research report released on Wednesday, Stock Target Advisor reports. UBS Group currently has a neutral rating on the stock.
QQ has been the topic of several other research reports. Goldman Sachs Group raised their price target on QinetiQ Group from GBX 289 ($3.80) to GBX 302 ($3.97) and gave the company a sell rating in a research note on Friday, January 17th. JPMorgan Chase & Co. upped their price objective on shares of QinetiQ Group from GBX 340 ($4.47) to GBX 360 ($4.74) and gave the stock a neutral rating in a research note on Thursday, January 16th. Barclays increased their target price on shares of QinetiQ Group from GBX 325 ($4.28) to GBX 360 ($4.74) and gave the stock an overweight rating in a report on Friday, November 15th. Finally, Credit Suisse Group raised their target price on shares of QinetiQ Group from GBX 325 ($4.28) to GBX 350 ($4.60) and gave the company a neutral rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. QinetiQ Group currently has an average rating of Hold and a consensus target price of GBX 341.29 ($4.49).
LON QQ traded down GBX 3 ($0.04) on Wednesday, reaching GBX 374 ($4.92). 530,398 shares of the stock traded hands, compared to its average volume of 1,840,000. QinetiQ Group has a 12 month low of GBX 265.22 ($3.49) and a 12 month high of GBX 388.80 ($5.11). The company has a market cap of $2.11 billion and a price-to-earnings ratio of 16.92. The company has a fifty day moving average price of GBX 363.52 and a 200-day moving average price of GBX 322.62. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.17 and a current ratio of 1.32.
QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and aerospace markets in the United Kingdom and internationally. The company operates through EMEA Services and Global Products segments. It offers de-risk complex aerospace programs by testing system and equipment, air engineering services, aircraft system integration and upgrades, life aircraft support services, unmanned aircraft systems, human factors integration, aero structures, air traffic management, and aircraft mission systems; smart materials, which include acoustic stealth materials, radio frequency stealth materials, and electro-optic stealth materials; and runway debris detection technology, training to experienced pilots and engineers, and safety and environmental management services.
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