SQS Software Quality Systems AG (SQS) Rating Lowered to Add at Numis Securities Ltd

Numis Securities Ltd cut shares of SQS Software Quality Systems AG (LON:SQS) to an add rating in a research report released on Wednesday. They currently have GBX 644 ($8.32) price objective on the stock, up from their prior price objective of GBX 603 ($7.79).

Separately, Canaccord Genuity reissued a hold rating and issued a GBX 620 ($8.01) target price on shares of SQS Software Quality Systems AG in a report on Monday, July 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 640.20 ($8.27).

Shares of SQS Software Quality Systems AG (SQS) opened at 552.50 on Wednesday. SQS Software Quality Systems AG has a 52 week low of GBX 420.00 and a 52 week high of GBX 645.00. The company’s market capitalization is GBX 175.00 million. The company has a 50-day moving average price of GBX 576.08 and a 200-day moving average price of GBX 508.48.

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About SQS Software Quality Systems AG

SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months).

Analyst Recommendations for SQS Software Quality Systems AG (LON:SQS)

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