Home » Reports » QinetiQ Group plc 16.3% Potential Decrease Indicated by Goldman Sachs

QinetiQ Group plc 16.3% Potential Decrease Indicated by Goldman Sachs

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 302 GBX on its stock. This indicates the analyst believes there is a potential downside of -16.3% from today’s opening price of 360.6 GBX. Over the last 30 and 90 trading days the company share price has increased 9.8 points and increased 55.2 points respectively. The 52 week high share price is 376.2 GBX while the 52 week low for the stock is 265.22 GBX.

QinetiQ Group plc has a 50 day moving average of 350.34 GBX and the 200 Day Moving Average price is recorded at 309.03. There are currently 567,962,378 shares in issue with the average daily volume traded being 1,025,614. Market capitalisation for LON:QQ is £2,057,537,484 GBP.

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