QinetiQ Group plc 12.7% Potential Upside Indicated by Berenberg

Broker Ratings

QinetiQ Group plc using EPIC/TICKER code (LON:QQ) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. QinetiQ Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 340 GBX on its stock. This would imply the analyst believes there is now a potential upside of 12.7% from the opening price of 301.8 GBX. Over the last 30 and 90 trading days the company share price has increased 22.4 points and decreased 0.8 points respectively. The 1 year high for the stock price is 324.4 GBX while the 52 week low for the stock is 261.1 GBX.

QinetiQ Group plc has a 50 day moving average of 290.42 GBX and a 200 Day Moving Average share price is recorded at 295.76. There are currently 567,962,378 shares in issue with the average daily volume traded being 1,039,549. Market capitalisation for LON:QQ is £1,676,625,009 GBP.

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    QinetiQ Group plc reports strong Q2 operational performance, on track for full-year targets with strategic orders and robust revenue growth.
    QinetiQ (LON:QQ) secures a €284M Aerial Training Services contract with the German Armed Forces, spanning 10 years with a potential two-year extension.

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