Free Trial

QinetiQ Group (LON:QQ) Stock Price Expected to Rise, Barclays Analyst Says

QinetiQ Group logo with Industrials background

QinetiQ Group (LON:QQ - Get Free Report) had its target price increased by analysts at Barclays from GBX 535 ($6.90) to GBX 570 ($7.35) in a research report issued on Monday, MarketBeat.com reports. The brokerage currently has an "overweight" rating on the stock. Barclays's price target would indicate a potential upside of 15.48% from the company's current price.

A number of other brokerages also recently issued reports on QQ. Shore Capital reiterated a "buy" rating on shares of QinetiQ Group in a research report on Tuesday, January 21st. JPMorgan Chase & Co. raised their price target on QinetiQ Group from GBX 455 ($5.86) to GBX 535 ($6.90) and gave the company an "overweight" rating in a report on Thursday, December 12th.

Read Our Latest Report on QQ

QinetiQ Group Price Performance

QinetiQ Group stock traded up GBX 39.80 ($0.51) during midday trading on Monday, reaching GBX 493.60 ($6.36). 4,789,296 shares of the stock were exchanged, compared to its average volume of 88,555. QinetiQ Group has a 52 week low of GBX 292.20 ($3.77) and a 52 week high of GBX 491 ($6.33). The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. The firm has a market cap of £2.72 billion, a PE ratio of 20.44, a PEG ratio of 1.47 and a beta of 0.48. The company's fifty day moving average is GBX 396.02 and its 200-day moving average is GBX 429.71.

About QinetiQ Group

(Get Free Report)

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.

Read More

Should You Invest $1,000 in QinetiQ Group Right Now?

Before you consider QinetiQ Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QinetiQ Group wasn't on the list.

While QinetiQ Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines