JPMorgan upgrades Qinetiq as it looks at European defence sector

28th Feb 2022 10:28

(Sharecast News) - JPMorgan Cazenove upgraded Qinetiq on Monday as it said Russia's invasion of Ukraine has "fundamentally changed" the landscape for the European defence sector.

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Qinetiq to meet FY expectations after 'strong' progress in Q3

18th Jan 2022 07:33

(Sharecast News) - Qinetiq said on Tuesday that it was on course to deliver on its full-year expectations after "strong" progress in the third quarter.

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Qinetiq names Shawn Purvis as president and CEO of US operations

17th Jan 2022 07:48

(Sharecast News) - Defence technology company Qinetiq named Shawn Purvis as president and chief executive of Qinetiq US on Monday, effective 16 February.

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Citi upgrades Qinetiq to 'buy', shares rally

17th Dec 2021 08:34

(Sharecast News) - Qinetiq rallied on Friday after Citi lifted its stance on the shares to 'buy' from 'neutral'.

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JPMorgan downgrades BAE Systems, Qinetiq

14th Dec 2021 10:13

(Sharecast News) - JPMorgan Cazenove downgraded Qinetiq and BAE Systems on Tuesday as it took a look at the European aerospace and defence sector.

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Berenberg lowers target price on Qinetiq

3rd Dec 2021 10:31

(Sharecast News) - Analysts at Berenberg lowered their target price on defence technology company QinetiQ from 415.0p to 330.0p on Friday, but reiterated their 'buy' rating on the firm's shares despite branding it the "worst-performing defence stock" in its coverage so far this year.

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Director dealings: Qinetiq director makes share purchase

16th Nov 2021 15:53

(Sharecast News) - Qinetiq Group revealed on Tuesday that non-executive director Neil Johnson had acquired 50,000 ordinary shares in the FTSE 250-listed defence technology company.

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QinetiQ looking at second-half recovery after write-down on 'complex' project

11th Nov 2021 08:23

(Sharecast News) - Defence technology company QinetiQ reported underlying first-half revenue of £600.1m in its first half on Thursday, down from £603.2m year-on-year, as its profit after tax slipped to £53.4m from £69m.

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Babcock-led partnership awarded 100m gbp electronic warfare contract

9th Nov 2021 16:22

(Sharecast News) - The Ministry of Defence has awarded a £100m contract to a consortium of firms led by Babcock to "deliver cutting-edge electronic warfare systems to the Royal Navy".

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Qinetiq tumbles after warning over possible guidance downgrade

14th Oct 2021 08:25

(Sharecast News) - Qinetiq shares tumbled on Thursday after the defence technology company warned that technical and supply chain issues on a large complex programme could lead to a one-off write down to its short-term guidance.

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Qinetiq makes 'good start' to trading year

21st Jul 2021 09:20

(Sharecast News) - Defence technology company Qinetiq said on Wednesday that it had made "a good start" to the new financial year.

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Qinetiq makes 'good start' to trading year

21st Jul 2021 09:20

(Sharecast News) - Defence technology company Qinetiq said on Wednesday that it had made "a good start" to the new financial year.

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Numis downgrades TI Fluid Systems, Spirax-Sarco

8th Jul 2021 11:05

(Sharecast News) - Numis downgraded TI Fluid Systems to 'add' from 'buy' on Thursday, while Spirax-Sarco Engineering was cut to 'hold' from 'add' as it took a look at the capital goods sector.

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London pre-open: Stocks set for higher start ahead of US jobs report

2nd Jul 2021 07:13

(Sharecast News) - Stocks are being called to start the session higher ahead of the release of the monthly US non-farm payrolls report.

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Qinetiq CFO to step down on November 30

2nd Jul 2021 07:10

(Sharecast News) - QinetiQ Group on Friday said David Smith will be retiring as chief financial officer and stepping down from the board on November 30 to be replaced by Lightsource CFO Carol Borg.

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