QinetiQ Group (LON:QQ) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

QinetiQ Group (LON:QQ) had its target price boosted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 585 to GBX 635 in a report issued on Tuesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 20.04% from the company’s current price.

QQ has been the topic of a number of other reports. Jefferies Financial Group boosted their price objective on shares of QinetiQ Group from GBX 520 to GBX 550 and gave the company a “hold” rating in a research report on Thursday, October 30th. Berenberg Bank reissued a “buy” rating and issued a GBX 550 price target on shares of QinetiQ Group in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 576.25.

QinetiQ Group Trading Up 1.4%

Shares of LON QQ traded up GBX 7.50 during trading hours on Tuesday, hitting GBX 529. The company’s stock had a trading volume of 1,379,342 shares, compared to its average volume of 88,555. QinetiQ Group has a 12 month low of GBX 292.20 and a 12 month high of GBX 491. The stock has a market cap of £2.92 billion, a price-to-earnings ratio of 21.91, a P/E/G ratio of 1.47 and a beta of 0.48. The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. The business has a 50-day simple moving average of GBX 446.32 and a 200-day simple moving average of GBX 476.92.

QinetiQ Group (LON:QQ) last released its quarterly earnings data on Thursday, November 13th. The company reported GBX 14.20 earnings per share for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. On average, analysts anticipate that QinetiQ Group will post 26.1405108 earnings per share for the current fiscal year.

QinetiQ Group Company Profile

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.