QinetiQ Group (LON:QQ) Insider Steve Wadey Purchases 30 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 30 shares of the company’s stock in a transaction on Monday, March 9th. The stock was acquired at an average price of GBX 511 per share, with a total value of £153.30.

Steve Wadey also recently made the following trade(s):

• On Monday, February 9th, Steve Wadey bought 40 shares of QinetiQ Group stock. The stock was purchased at an average cost of GBX 485 per share, for a total transaction of £194.
• On Friday, January 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 486 per share, with a total value of £150.66.

QinetiQ Group Stock Performance

Shares of QQ opened at GBX 516 on Wednesday. The stock has a fifty day moving average of GBX 497 and a 200-day moving average of GBX 479.45. QinetiQ Group plc has a 52 week low of GBX 292.20 and a 52 week high of GBX 491. The stock has a market capitalization of £2.85 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.47 and a beta of 0.27.

Analyst Ratings Changes

Several brokerages recently issued reports on QQ. Berenberg Bank reissued a “buy” rating and set a GBX 550 target price on shares of QinetiQ Group in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft upped their price target on QinetiQ Group from GBX 585 to GBX 635 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 578.33.

QinetiQ Group Company Profile

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