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Numis announced SQS Software Quality Systems AG (LON:SQS), boosting its stock price target to 644.00GBX today

In a report released on 09/13/2017 Numis increased the stock price target of SQS Software Quality Systems AG (LON:SQS) from 603.00GBX to 644.00GBX reporting a possible upside of 0.14%.

Previously on 7/03/2017, Numis released a statement about SQS Software Quality Systems AG (LON:SQS) held steady the target price at 603.00GBX. At the time, this indicated a possible upside of 0.21%.

Just yesterday SQS Software Quality Systems AG (LON:SQS) traded -0.87% lower at 562.50GBX. SQS Software Quality Systems AG’s 50-day moving average is 576.93GBX and its 200-day moving average is 507.54GBX. The last stock price is up 12.80% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,341 shares of SQS traded hands, down from an average trading volume of 16,896

Recent Performance Chart

SQS Software Quality Systems AG (LON:SQS)

SQS Software Quality Systems AG has 52 week low of 420.00GBX and a 52 week high of 645.00GBX with a PE ratio of 16.31 and has a market capitalization of 0 GBX.

In addition to Numis reporting its stock price target, a total of 2 brokerages have issued a ratings update on the company. The average stock price target is 9.28GBX with 2 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On SQS Software Quality Systems AG (LON:SQS)

SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months). The Company is also engage d in business with contractors, training and conferences, and software product testing tools. The Company's customers include Allianz, Beazley, BP, Centrica, Commerzbank, Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters, UBS and Volkswagen. SQS operates in Europe, Asia, North America and Africa.

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