Royal Bank of Canada Upgrades QinetiQ Group (OTCMKTS:QNTQY) to “Hold”

QinetiQ Group (OTCMKTS:QNTQY) was upgraded by analysts at Royal Bank of Canada to a “hold” rating in a report issued on Monday,Zacks.com reports.

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

QinetiQ Group Price Performance

Shares of QNTQY opened at $21.50 on Monday. QinetiQ Group has a 12-month low of $17.95 and a 12-month high of $28.35. The firm has a fifty day moving average price of $21.85 and a 200-day moving average price of $21.41.

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.