QinetiQ Group plc (LON:QQ) insider David Smith bought 69 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was purchased at an average cost of GBX 289 ($3.78) per share, with a total value of £199.41 ($260.56).
David Smith also recently made the following trade(s):
- On Thursday, May 9th, David Smith bought 65 shares of QinetiQ Group stock. The stock was purchased at an average cost of GBX 302 ($3.95) per share, with a total value of £196.30 ($256.50).
QinetiQ Group stock opened at GBX 289.60 ($3.78) on Friday. QinetiQ Group plc has a twelve month low of GBX 253 ($3.31) and a twelve month high of GBX 324.40 ($4.24). The company has a market cap of $1.62 billion and a price-to-earnings ratio of 14.48.
QQ has been the subject of a number of research analyst reports. Investec cut QinetiQ Group to a “hold” rating and upped their target price for the company from GBX 300 ($3.92) to GBX 310 ($4.05) in a research report on Wednesday, April 10th. UBS Group reissued a “sell” rating on shares of QinetiQ Group in a research report on Friday, April 26th. JPMorgan Chase & Co. upped their target price on QinetiQ Group from GBX 270 ($3.53) to GBX 300 ($3.92) and gave the company a “neutral” rating in a research report on Thursday, May 23rd. Barclays reaffirmed an “overweight” rating on shares of QinetiQ Group in a research report on Friday, May 24th. Finally, Goldman Sachs Group cut QinetiQ Group to a “sell” rating and set a GBX 270 ($3.53) price objective for the company. in a research report on Wednesday, June 5th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 284 ($3.71).
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QinetiQ Group Company Profile
QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and aerospace markets in the United Kingdom and internationally. The company operates through EMEA Services and Global Products segments. It offers de-risk complex aerospace programs by testing system and equipment, air engineering services, aircraft system integration and upgrades, life aircraft support services, unmanned aircraft systems, human factors integration, aero structures, air traffic management, and aircraft mission systems; smart materials, which include acoustic stealth materials, radio frequency stealth materials, and electro-optic stealth materials; and runway debris detection technology, training to experienced pilots and engineers, and safety and environmental management services.
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