QinetiQ Group (QQ) Earns Hold Rating from Liberum Capital

Liberum Capital reiterated their hold rating on shares of QinetiQ Group (LON:QQ) in a research note released on Thursday morning. The firm currently has a GBX 230 ($3.18) price objective on the stock.

QQ has been the subject of several other reports. Barclays reaffirmed an overweight rating and set a GBX 265 ($3.66) price objective on shares of QinetiQ Group in a research note on Monday, December 18th. JPMorgan Chase reaffirmed a neutral rating and set a GBX 255 ($3.52) price objective on shares of QinetiQ Group in a research note on Friday, January 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. QinetiQ Group has a consensus rating of Hold and an average price target of GBX 247.60 ($3.42).

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LON QQ opened at GBX 206.30 ($2.85) on Thursday. QinetiQ Group has a 12-month low of GBX 190.30 ($2.63) and a 12-month high of GBX 322.90 ($4.46).

In other news, insider David Smith acquired 10,188 shares of the stock in a transaction dated Friday, February 9th. The stock was purchased at an average cost of GBX 196 ($2.71) per share, with a total value of £19,968.48 ($27,588.39). Over the last ninety days, insiders have bought 10,371 shares of company stock valued at $2,036,781.

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QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and aerospace markets in the United Kingdom and internationally. The company operates through EMEA Services and Global Products segments. It offers de-risk complex aerospace programs by testing system and equipment, air engineering services, aircraft system integration and upgrades, aircraft support services, unmanned aircraft systems, human factors integration, aero structures, air traffic management, and aircraft mission systems; smart materials, which include acoustic stealth materials, radio frequency (RF) stealth materials, and electro-optic (EO) stealth materials; and runway debris detection technology, training to experienced pilots and engineers, and safety and environmental management services.

Analyst Recommendations for QinetiQ Group (LON:QQ)

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