QinetiQ Group (LON:QQ – Get Free Report) had its price objective upped by analysts at JPMorgan Chase & Co. from GBX 410 ($5.36) to GBX 420 ($5.49) in a research report issued on Thursday, MarketBeat Ratings reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 20.62% from the stock’s current price.
QQ has been the topic of several other research reports. Citigroup increased their target price on shares of QinetiQ Group from GBX 454 ($5.94) to GBX 457 ($5.98) and gave the company a “buy” rating in a report on Wednesday, June 7th. Numis Securities reissued a “buy” rating and issued a GBX 460 ($6.01) price target on shares of QinetiQ Group in a report on Thursday, May 25th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 450 ($5.88) price target on shares of QinetiQ Group in a report on Thursday, May 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 450.40 ($5.89).
QinetiQ Group Stock Performance
LON QQ opened at GBX 348.20 ($4.55) on Thursday. The company’s 50 day simple moving average is GBX 358.88 and its two-hundred day simple moving average is GBX 350.37. The company has a debt-to-equity ratio of 38.21, a current ratio of 1.12 and a quick ratio of 1.15. The stock has a market capitalization of £2.02 billion, a PE ratio of 1,288.15, a P/E/G ratio of 1.47 and a beta of 0.51. QinetiQ Group has a 1 year low of GBX 315.20 ($4.12) and a 1 year high of GBX 396.20 ($5.18).
QinetiQ Group Company Profile
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.
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