Wednesday broker round-up

5th Jun 2019 13:33

(Sharecast News) - IMI: Goldman Sachs upgrades to buy with a target price of 1,180p.

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Qinetiq's FY results beat expectations

23rd May 2019 09:42

(Sharecast News) - Defence technology company Qinetiq posted better-than-expected full-year results on Thursday as it backed its expectations for 2020.

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FTSE 250 movers: G4S secures gains, Indivior in freefall

10th Apr 2019 15:02

(Sharecast News) - London's FTSE 250 index was 0.21% higher at 19,473.92 in afternoon trade on Wednesday, with G4S leading the index upwards.

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QinetiQ confirms first buy-in of its pension scheme

10th Apr 2019 09:42

(Sharecast News) - QinetiQ Group announced on Wednesday that the QinetiQ Pension Scheme has completed its first bulk annuity insurance buy-in for approximately £690m.

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Qinetiq secures ?1.3bn contract with MoD

5th Apr 2019 13:15

(Sharecast News) - Defence technology group Qinetiq has secured a contract with the Ministry of Defence to modernise 16 of the UK's critical defence facilities.

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QinetiQ profits improve in third quarter

31st Jan 2019 08:52

(Sharecast News) - Defence and security technology group QinetiQ kept its sights firmly fixed on its full year targets after reporting third-quarter growth and further progress with international contracts.

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QinetiQ completes takeover of Aircraft Operations

18th Oct 2018 08:42

(Sharecast News) - QinetiQ Group announced on Thursday that, following the receipt of required approvals, it has completed the acquisition of E.I.S. Aircraft Operations.

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Qinetiq says trading in line; no changes to FY expectations

25th Jul 2018 09:10

(Sharecast News) - Defence contractor Qinetiq said first quarter trading was in line with expectations and it expected no changes to full year forecasts.

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Thursday broker round-up

16th Feb 2017 09:15

(ShareCast News) - QinetiQ: Canaccord downgrades to Hold with a target price of 285p. RBS: Deutsche Bank reiterates Underperform with a target price of 210p. Aldermore Group: Deutsche Bank reiterates Neutral with a target price of 210p. Smiths: Goldman Sachs reiterates Buy with a target price of 1

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Canaccord downgrades Qinetiq, says shares up with events

16th Feb 2017 08:41

(ShareCast News) - Canaccord Genuity downgraded defence technology specialist Qinetiq to 'hold' from 'buy' as it noted the company's solid third-quarter update on Wednesday but said shares were up with events. The brokerage said that following recent strong trading, which saw the shares rise 17% ove

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London open: Stocks edge higher ahead of employment data

15th Feb 2017 08:46

(ShareCast News) - London stocks edged higher in early trade, taking their cue from a positive session in the US, where equities were boosted by unexpectedly hawkish comments from Federal Reserve chair Janet Yellen, as investors eyed some key figures on unemployment and wages. At 0825 GMT, the FTSE

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Qinetiq trading in line as Target Systems acquisition is integrated

15th Feb 2017 07:31

(ShareCast News) - Qinetiq, the defence technology specialist, said underlying trading was as expected during the third quarter and that its aspirations for the full year to end-March were unchanged. The FTSE 250 group said revenue under contract at its smaller division, Global Products, was slightl

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QinetiQ rallies on Berenberg upgrade

9th Jan 2017 08:51

(ShareCast News) - QinetiQ Group shares gained on Monday after Berenberg upgraded the defence technology group's stock to 'hold' from 'sell' and lifted the target price to 275p from 210p. "CEO Steve Wadey's growth strategy (outlined in May) is clearly progressing, with meaningful capital now committ

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QinetiQ pays £58m for Meggitt Target Systems

21st Dec 2016 07:10

(ShareCast News) - Meggitt and QinetiQ confirmed on Wednesday morning that QinetiQ has acquired Meggitt Defence Systems and Meggitt Holdings Canada, together Meggitt Target Systems, from Meggitt for £57.5m on a cash-free, debt-free basis. During the year to 31 December, Meggitt Target Systems genera

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QinetiQ secures £1bn LTPA contract amendment

2nd Dec 2016 07:30

(ShareCast News) - Qinetiq has been awarded a £1bn amendment to the Long Term Partnering Agreement from the UK Ministry of Defence to deliver modern air ranges and test aircrew training, enabling military capability for the future. The company will modernise and operate the air ranges at MOD Aberpor

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