QinetiQ Group (LON:QQ) Stock Rating Reaffirmed by Shore Capital

QinetiQ Group (LON:QQ)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Monday, MarketBeat reports.

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

QinetiQ Group Stock Performance

Shares of QinetiQ Group stock opened at GBX 342.80 ($4.23) on Monday. The stock’s fifty day moving average is GBX 361.99 and its two-hundred day moving average is GBX 339.36. The company has a market capitalization of £1.97 billion, a PE ratio of 1,904.44, a price-to-earnings-growth ratio of 1.47 and a beta of 0.38. The company has a quick ratio of 1.15, a current ratio of 1.24 and a debt-to-equity ratio of 39.57. QinetiQ Group has a 52 week low of GBX 292.20 ($3.61) and a 52 week high of GBX 382.40 ($4.72).

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.