QinetiQ Group’s (QQ) “Buy” Rating Reiterated at Shore Capital

QinetiQ Group (LON:QQ)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued on Monday,Digital Look reports.

Other research analysts also recently issued reports about the stock. Barclays lifted their target price on shares of QinetiQ Group from GBX 535 ($6.92) to GBX 570 ($7.37) and gave the stock an “overweight” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. increased their target price on shares of QinetiQ Group from GBX 455 ($5.88) to GBX 535 ($6.92) and gave the stock an “overweight” rating in a report on Thursday, December 12th.

QinetiQ Group Trading Up 1.6 %

QQ traded up GBX 8.50 ($0.11) on Monday, hitting GBX 524.50 ($6.78). 1,797,741 shares of the company were exchanged, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. QinetiQ Group has a 12 month low of GBX 292.20 ($3.78) and a 12 month high of GBX 491 ($6.35). The firm has a fifty day simple moving average of GBX 409.93 and a two-hundred day simple moving average of GBX 431.05. The stock has a market capitalization of £2.89 billion, a PE ratio of 21.72, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.

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.