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

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

Separately, Berenberg Bank upped their price objective on QinetiQ Group from GBX 440 ($5.43) to GBX 445 ($5.50) and gave the stock a “buy” rating in a research report on Monday, January 22nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, QinetiQ Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 443.40 ($5.48).

QinetiQ Group Trading Up 1.7 %

QQ opened at GBX 342.80 ($4.23) on Monday. QinetiQ Group has a 12 month low of GBX 292.20 ($3.61) and a 12 month high of GBX 382.40 ($4.72). The stock has a market capitalization of £1.97 billion, a price-to-earnings ratio of 1,904.44, a PEG ratio of 1.47 and a beta of 0.38. The company has a debt-to-equity ratio of 39.57, a current ratio of 1.24 and a quick ratio of 1.15. The business has a fifty day moving average price of GBX 361.99 and a 200 day moving average price of GBX 339.36.

About QinetiQ Group

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