QinetiQ Group (OTCMKTS:QNTQY) Upgraded to Hold at Royal Bank of Canada

Royal Bank of Canada upgraded shares of QinetiQ Group (OTCMKTS:QNTQY) to a hold rating in a research note released on Monday morning,Zacks.com reports.

Separately, Kepler Capital Markets cut shares of QinetiQ Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 18th.

QinetiQ Group Stock Up 4.5 %

OTCMKTS QNTQY opened at $21.11 on Monday. The company has a fifty day simple moving average of $21.82 and a two-hundred day simple moving average of $21.41. QinetiQ Group has a 12-month low of $17.64 and a 12-month high of $28.35.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products 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.