QinetiQ Group plc (LON:QQ) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of QinetiQ Group plc (LON:QQ) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 443.40 ($5.48).

Several analysts have recently commented on QQ shares. Shore Capital reiterated a “buy” rating on shares of QinetiQ Group in a research report on Monday, April 22nd. Berenberg Bank raised their target price on shares of QinetiQ Group from GBX 440 ($5.43) to GBX 445 ($5.50) and gave the stock a “buy” rating in a research report on Monday, January 22nd.

QinetiQ Group Stock Up 0.4 %

QQ stock opened at GBX 342.60 ($4.23) on Friday. The company’s 50 day simple moving average is GBX 360.16 and its 200-day simple moving average is GBX 339.63. The firm has a market capitalization of £1.97 billion, a PE ratio of 1,903.33, a P/E/G ratio of 1.47 and a beta of 0.38. QinetiQ Group has a 12 month low of GBX 292.20 ($3.61) and a 12 month high of GBX 382.40 ($4.72). The company has a debt-to-equity ratio of 39.57, a current ratio of 1.24 and a quick ratio of 1.15.

QinetiQ Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 2nd. Investors of record on Thursday, January 4th were given a dividend of GBX 2.60 ($0.03) per share. The ex-dividend date of this dividend was Thursday, January 4th. This represents a yield of 0.74%. QinetiQ Group’s dividend payout ratio (DPR) is currently 4,444.44%.

About QinetiQ Group

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.