UBS Group reissued their sell rating on shares of QinetiQ Group (LON:QQ) in a report published on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other analysts also recently issued reports on QQ. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of QinetiQ Group in a report on Friday, February 1st. Investec downgraded shares of QinetiQ Group to a hold rating and lifted their price objective for the stock from GBX 300 ($3.92) to GBX 310 ($4.05) in a report on Wednesday, April 10th. Finally, Barclays reaffirmed an overweight rating on shares of QinetiQ Group in a report on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 284 ($3.71).
Shares of LON:QQ opened at GBX 303 ($3.96) on Friday. QinetiQ Group has a one year low of GBX 227.90 ($2.98) and a one year high of GBX 315.20 ($4.12). The firm has a market capitalization of $1.70 billion and a price-to-earnings ratio of 13.90.
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, life 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 stealth materials, and electro-optic stealth materials; and runway debris detection technology, training to experienced pilots and engineers, and safety and environmental management services.
Further Reading: Analyzing a company’s cash flow statement
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