Key Points
- Insider purchases: Director Steve Wadey bought 30 shares on March 9 at GBX 511 (£153.30), adding to prior buys of 40 shares on Feb 9 at GBX 485 and 31 shares on Jan 9 at GBX 486, indicating continued insider accumulation.
- Analyst sentiment: The stock carries an average rating of "Moderate Buy" (two Buys, two Holds) with an average price target of GBX 578.33; Deutsche Bank raised its target to GBX 635 and Berenberg set GBX 550.
- Market snapshot: QQ opened at GBX 516, has a 52-week range of GBX 292.20–GBX 491, a market cap of £2.85 billion and a P/E of 21.37, with 50- and 200-day moving averages around GBX 497 and GBX 479.45 respectively.
QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey bought 30 shares of the company's stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 511 per share, with a total value of £153.30.
Steve Wadey also recently made the following trade(s):
- On Monday, February 9th, Steve Wadey purchased 40 shares of QinetiQ Group stock. The shares were purchased at an average cost of GBX 485 per share, with a total value of £194.
- On Friday, January 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 486 per share, with a total value of £150.66.
QinetiQ Group Stock Performance
Shares of QQ opened at GBX 516 on Wednesday. QinetiQ Group plc has a fifty-two week low of GBX 292.20 and a fifty-two week high of GBX 491. The firm has a market cap of £2.85 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.47 and a beta of 0.27. The firm has a 50 day moving average price of GBX 497 and a 200-day moving average price of GBX 479.45.
Analyst Ratings Changes
Several analysts have weighed in on QQ shares. Berenberg Bank reissued a "buy" rating and issued a GBX 550 price target on shares of QinetiQ Group in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on QinetiQ Group from GBX 585 to GBX 635 and gave the stock a "buy" rating in a report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of GBX 578.33.
Check Out Our Latest Report on QinetiQ Group
About QinetiQ Group
(
Get Free Report)
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.
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