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QinetiQ Group PLC (LON:QQ) target price held steady at 275.00GBX, reported today by Berenberg

Yesterday QinetiQ Group PLC (LON:QQ) traded 0.48% higher at 274.25GBX. The company’s 50-day moving average is 264.58GBX and its 200-day moving average is 242.77GBX. The last stock close price is up 13.03% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 1,338,071 shares of the stock were exchanged, down from an average trading volume of 1,861,300

QinetiQ Group PLC (LON:QQ) had its target price hold steady to 275.00GBX by Berenberg in a report released 2/9/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 01/20/2017, Liberum Capital reported about QinetiQ Group PLC (LON:QQ) raised the target price from 225.00GBX to 270.00GBX. At the time, this indicated a possible upside of 0.03%.

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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 281.40GBX with a P/E ratio of 14.14 The company’s market cap is currently 0 GBX.

In addition to Berenberg reporting its target price, a total of 10 firms have reported on the stock. The consensus target price is 243.70GBX with 3 firms rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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