Qinetiq Group (LON:QQ): JP Morgan Cazenove Reconfirms Neutral Rating Today, Has a Target of GBX 270.00/Share

QinetiQ Group plc (LON:QQ) Logo

Qinetiq Group (LON:QQ) Rating Reaffirmed

In a research report issued to clients and investors on Thursday, 10 January, The Neutral rating of Qinetiq Group (LON:QQ) shares was reaffirmed at JP Morgan Cazenove, who now has a GBX 270.00 target price per share on the stock. JP Morgan Cazenove’s target price per share suggests a possible downside of -8.75 % from the last stock close of the company.

QinetiQ Group plc (LON:QQ) Ratings Coverage

Among 2 analysts covering QinetiQ Group PLC (LON:QQ), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. QinetiQ Group PLC has GBX 300 highest and GBX 235 lowest target. GBX 270’s average target is -9.52% below currents GBX 298.4 stock price. QinetiQ Group PLC had 3 analyst reports since July 26, 2018 according to SRatingsIntel. On Friday, November 16 the stock rating was maintained by UBS with “Sell”. The rating was maintained by UBS on Thursday, July 26 with “Sell”. The company was maintained on Tuesday, October 23 by Barclays Capital.

The stock increased 0.13% or GBX 0.4 during the last trading session, reaching GBX 298.4. About 477,860 shares traded. QinetiQ Group plc (LON:QQ) has 0.00% since January 10, 2018 and is . It has by 0.00% the S&P500.

QinetiQ Group plc operates as a science and engineering firm primarily in the defense, security, and aerospace markets in the United Kingdom and internationally. The company has market cap of 1.67 billion GBP. The firm operates through EMEA Services and Global Products divisions. It has a 13.69 P/E ratio. 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 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.

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