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QinetiQ Group PLC (LON:QQ) stock price target increased to 250.00GBX, issued a research note today by JP Morgan Cazenove

In a report released on 09/30/2016 JP Morgan Cazenove increased the stock price target of QinetiQ Group PLC (LON:QQ) from 245.00GBX to 250.00GBX indicating a possible upside of 0%.

Previously on 9/29/2016, Liberum Capital reported on QinetiQ Group PLC (LON:QQ) held steady the target price at 225.00GBX. At the time, this indicated a possible downside of -0.04%.

Yesterday QinetiQ Group PLC (LON:QQ) traded 0.09% higher at 0.00GBX. The company’s 50-day moving average is 230.64GBX and its 200-day moving average is 230.07GBX. The last closing price is down 1.23% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 165,024 shares of the stock traded hands, down from an average trading volume of 1,379,800

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QinetiQ Group PLC (LON:QQ)

QinetiQ Group PLC has a 52 week low of 204.10GBX and a 52 week high of 275.70GBX with a P/E ratio of 12.94 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is 243.70GBX with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About QinetiQ Group PLC (LON:QQ)

QinetiQ Group plc is a science and engineering company operating in the defense, security and aerospace markets. The Company's segments include EMEA Services and Global Products. The EMEA Services segment provides technical assurance, test and evaluation, and training services. It provides research and advice in specialist areas, such as concept of command, control, communications, computers, intelligence, surveillance and reconnaissance, weapons and energetics, cyber security and procurement advisory services. The Global Products segment delivers solutions and undertakes contract-funded research and development, developing intellectual property in partnership with customers and through internal funding. It offers advice, services and technology-based products. Its customers include government organizations, including defense departments, as well as international customers. The Company operates in Australia, Belgium, Canada, Sweden, the United Arab Emirates and the United States.

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