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

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

QQ has been the subject of a number of other research reports. JPMorgan Chase & Co. raised their price target on QinetiQ Group from GBX 455 ($5.92) to GBX 535 ($6.96) and gave the company an “overweight” rating in a research report on Thursday, December 12th. Barclays raised their price target on QinetiQ Group from GBX 535 ($6.96) to GBX 570 ($7.41) and gave the company an “overweight” rating in a research report on Monday, March 3rd.

QinetiQ Group Trading Down 20.6 %

LON:QQ opened at GBX 416.20 ($5.41) on Monday. The stock has a fifty day moving average price of GBX 412.23 and a two-hundred day moving average price of GBX 431. The stock has a market capitalization of £2.30 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 1.47 and a beta of 0.48. 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 1 year low of GBX 292.20 ($3.80) and a 1 year high of GBX 491 ($6.38).

About QinetiQ Group

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.