Key Points
- QinetiQ insider Steve Wadey bought 33 shares at GBX 457 each, a transaction worth £150.81. This followed several small purchases in recent months but also a much larger sale of 103,945 shares worth £506,212.15 in September.
- QinetiQ shares opened at GBX 457 and have traded between GBX 292.20 and GBX 491 over the past year. The company has a market capitalization of approximately £2.52 billion.
- Analyst sentiment is generally positive, with three Buy ratings and two Holds, producing an overall “Moderate Buy” consensus. Several firms raised their price targets, including Berenberg’s increase to GBX 610.
QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey bought 33 shares of the business's stock in a transaction on Friday, October 9th. The stock was bought at an average price of GBX 457 per share, for a total transaction of £150.81.
Steve Wadey also recently made the following trade(s):
- On Wednesday, September 30th, Steve Wadey sold 103,945 shares of QinetiQ Group stock. The stock was sold at an average price of GBX 487, for a total transaction of £506,212.15.
- On Wednesday, September 9th, Steve Wadey bought 32 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 473 per share, for a total transaction of £151.36.
- On Thursday, August 20th, Steve Wadey purchased 145 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 542 per share, with a total value of £785.90.
- On Monday, August 10th, Steve Wadey purchased 26 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 561 per share, with a total value of £145.86.
QinetiQ Group Stock Up 0.7%
Shares of LON:QQ opened at GBX 457 on Tuesday. QinetiQ Group plc has a 52-week low of GBX 292.20 and a 52-week high of GBX 491. The company has a market capitalization of £2.52 billion, a PE ratio of 18.92, a price-to-earnings-growth ratio of 1.47 and a beta of 0.33. The company has a debt-to-equity ratio of 74.20, a quick ratio of 1.15 and a current ratio of 1.13. The company has a fifty day moving average of GBX 505.99 and a 200-day moving average of GBX 476.33.
Wall Street Analyst Weigh In
QQ has been the topic of a number of research reports. Berenberg Bank boosted their price objective on QinetiQ Group from GBX 580 to GBX 610 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 600 target price on shares of QinetiQ Group in a report on Wednesday, July 1st. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 487 target price on shares of QinetiQ Group in a research report on Wednesday, July 1st. Royal Bank Of Canada lifted their price target on QinetiQ Group from GBX 490 to GBX 570 and gave the company a "sector perform" rating in a research note on Monday, August 10th. Finally, Citigroup lifted their price target on QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a "buy" rating in a research note on Tuesday, June 16th. Three research analysts have rated the stock with a Buy rating and two have assigned 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 target price of GBX 1,663.40.
Read Our Latest Stock Report on QQ
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.
Further Reading
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