QinetiQ Group (OTCMKTS:QNTQY) Upgraded by Royal Bank of Canada to Hold Rating

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

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

QinetiQ Group Stock Performance

OTCMKTS QNTQY opened at $21.11 on Monday. The stock’s 50 day simple moving average is $21.82 and its 200-day simple moving average is $21.41. QinetiQ Group has a 1-year low of $17.64 and a 1-year high of $28.35.

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.