QinetiQ Group plc 15.3% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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QinetiQ Group plc with EPIC/TICKER (LON:QQ) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. QinetiQ Group plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 289 GBX on its stock. This would imply the analyst believes there is a potential downside of -15.3% from the opening price of 341.4 GBX. Over the last 30 and 90 trading days the company share price has increased 31.4 points and increased 56.2 points respectively. The 1 year high for the share price is 355 GBX while the 52 week low for the share price is 265.22 GBX.

QinetiQ Group plc has a 50 day moving average of 312.93 GBX and a 200 Day Moving Average share price is recorded at 299.93. There are currently 567,962,378 shares in issue with the average daily volume traded being 831,494. Market capitalisation for LON:QQ is £1,916,305,028 GBP.

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