Key Points
- QinetiQ insider Steve Wadey bought 28 shares on November 9 at GBX 529 each, spending £148.12.
- Wadey’s recent activity also included selling 103,945 shares for about £506,212 in September, alongside several smaller purchases.
- Analyst sentiment was moderately positive: three analysts rated the shares Buy and two Hold; Deutsche Bank and Berenberg maintained Buy ratings, with price targets of GBX 600 and GBX 610, respectively.
QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey purchased 28 shares of the firm's stock in a transaction that occurred on Monday, November 9th. The shares were bought at an average cost of GBX 529 per share, for a total transaction of £148.12.
Steve Wadey also recently made the following trade(s):
- On Friday, October 9th, Steve Wadey acquired 33 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 457 per share, with a total value of £150.81.
- On Wednesday, September 30th, Steve Wadey sold 103,945 shares of QinetiQ Group stock. The shares were 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 stock was bought at an average price 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.
QinetiQ Group Stock Up 3.7%
Shares of QQ opened at GBX 532 on Wednesday. The company has a debt-to-equity ratio of 74.20, a quick ratio of 1.15 and a current ratio of 1.13. QinetiQ Group plc has a 52 week low of GBX 292.20 and a 52 week high of GBX 491. The stock has a market capitalization of £2.94 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.47 and a beta of 0.33. The stock has a fifty day moving average of GBX 492.02 and a 200-day moving average of GBX 484.86.
Analyst Ratings Changes
Several analysts have recently weighed in on QQ shares. Royal Bank Of Canada boosted their price target on QinetiQ Group from GBX 490 to GBX 570 and gave the stock a "sector perform" rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 600 price objective on shares of QinetiQ Group in a report on Monday. Finally, Berenberg Bank boosted their target price on shares of QinetiQ Group from GBX 580 to GBX 610 and gave the stock a "buy" rating in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,663.40.
Check Out Our Latest Stock Analysis on QinetiQ Group
QinetiQ Group Company Profile
(
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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