QinetiQ Group’s (QQ) “Buy” Rating Reaffirmed at Shore Capital

QinetiQ Group (LON:QQ)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report issued on Tuesday,Digital Look reports.

Separately, JPMorgan Chase & Co. raised their price objective on QinetiQ Group from GBX 455 ($5.61) to GBX 535 ($6.60) and gave the company an “overweight” rating in a report on Thursday, December 12th.

QinetiQ Group Price Performance

LON QQ traded down GBX 1.80 ($0.02) during trading hours on Tuesday, reaching GBX 420.60 ($5.19). 516,577 shares of the stock traded hands, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 42.47, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a 50 day simple moving average of GBX 418.71 and a two-hundred day simple moving average of GBX 446.51. QinetiQ Group has a 1 year low of GBX 292.20 ($3.60) and a 1 year high of GBX 491 ($6.05). The company has a market cap of £2.38 billion, a price-to-earnings ratio of 1,752.50, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.

QinetiQ Group Company Profile

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.