QinetiQ Group (LON:QQ – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Monday, Digital Look reports. They currently have a GBX 600 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price objective points to a potential upside of 16.96% from the stock’s current price.
Other research analysts have also recently issued reports about the company. Berenberg Bank upped their price objective on QinetiQ Group from GBX 580 to GBX 610 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada lifted their target price on QinetiQ Group from GBX 490 to GBX 570 and gave the company a “sector perform” rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,663.40.
Read Our Latest Stock Report on QQ
QinetiQ Group Price Performance
QQ stock opened at GBX 513 on Monday. The stock has a 50-day moving average price of GBX 491.51 and a two-hundred day moving average price of GBX 484.95. QinetiQ Group has a 1 year low of GBX 292.20 and a 1 year high of GBX 491. The stock has a market cap of £2.83 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 1.47 and a beta of 0.33. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 74.20.
Insider Buying and Selling
In related news, insider Steve Wadey sold 103,945 shares of the stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of GBX 487, for a total transaction of £506,212.15. Insiders have acquired a total of 210 shares of company stock worth $108,807 in the last ninety days. Corporate insiders own 12.14% of the company’s stock.
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.
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