logo
Kepler Capital Reaffirms Their Hold Rating on QinetiQ (QQ)

Kepler Capital Reaffirms Their Hold Rating on QinetiQ (QQ)

Kepler Capital analyst Aymeric Poulain maintained a Hold rating on QinetiQ (QQ – Research Report) on May 22 and set a price target of p436.00. The company's shares closed yesterday at p466.20.
Confident Investing Starts Here:
Poulain covers the Industrials sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and BAE Systems. According to TipRanks, Poulain has an average return of 14.1% and a 66.11% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for QinetiQ with a p475.86 average price target, a 2.07% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a £4.70 price target.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

British Bank Standard Chartered's (STAN) Stock Falls 9% on Reports of U.S. Probe
British Bank Standard Chartered's (STAN) Stock Falls 9% on Reports of U.S. Probe

Business Insider

timean hour ago

  • Business Insider

British Bank Standard Chartered's (STAN) Stock Falls 9% on Reports of U.S. Probe

Shares of British bank Standard Chartered (STAN) are down 9% after a U.S. Republican lawmaker wrote to Attorney General Pam Bondi asking for action to be taken against the bank for alleged 'sanctions evasion.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Elise Stefanik, a New York Republican, wrote in a letter posted to social media that a special attorney should be appointed to look into Standard Chartered's alleged failings. The London-based bank has been investigated over sanctions in the past. Standard Chartered was fined $1.1 billion in 2019 by U.S. and U.K. authorities for evading sanctions and lacking proper money-laundering controls. The lender is currently facing a $1.9 billion lawsuit in the United Kingdom by investors over Iran sanctions violations. Bank's Response Standard Chartered was quick to respond to the allegations made by Representative Stefanik. In a statement, the bank said that 'the underlying allegations — including the claim that there are $9.6 billion in unlawful transactions — are entirely false and have been rejected by the U.S. courts multiple times.' Standard Chartered added that it will 'fully cooperate' with any relevant authority. Stefanik also alleged that the New York Attorney General's Office, which helps oversee most foreign banks operating in the U.S., did not take action on allegations against Standard Chartered in the past. Stefanik is requesting that the acting U.S. Attorney for New Jersey be in charge of a new probe into the British bank. Is STAN Stock a Buy? The stock of Standard Chartered has a consensus Moderate Buy rating among nine Wall Street analysts. That rating is based on three Buy and six Hold recommendations issued in the last three months. The average STAN price target of 1,356.22p implies 3.89% upside from current levels.

Morgan Stanley Reaffirms Their Hold Rating on Brookfield Infrastructure (BIP)
Morgan Stanley Reaffirms Their Hold Rating on Brookfield Infrastructure (BIP)

Business Insider

time2 hours ago

  • Business Insider

Morgan Stanley Reaffirms Their Hold Rating on Brookfield Infrastructure (BIP)

In a report released on August 15, Robert Kad from Morgan Stanley maintained a Hold rating on Brookfield Infrastructure, with a price target of $38.00. The company's shares closed last Friday at $29.81. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Kad covers the Energy sector, focusing on stocks such as Kinder Morgan, DT Midstream, and Plains All American. According to TipRanks, Kad has an average return of 8.1% and a 60.47% success rate on recommended stocks. In addition to Morgan Stanley, Brookfield Infrastructure also received a Hold from TR | OpenAI – 4o's Watt Griddy in a report issued on August 3. However, on August 1, CIBC reiterated a Buy rating on Brookfield Infrastructure (NYSE: BIP). Based on Brookfield Infrastructure's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.43 billion and a GAAP net loss of $6 million. In comparison, last year the company earned a revenue of $5.14 billion and had a GAAP net loss of $38 million

Quantum Computing Inc. (QUBT) Boosts Cash Pile to Drive AI and Cybersecurity Expansion
Quantum Computing Inc. (QUBT) Boosts Cash Pile to Drive AI and Cybersecurity Expansion

Business Insider

time2 hours ago

  • Business Insider

Quantum Computing Inc. (QUBT) Boosts Cash Pile to Drive AI and Cybersecurity Expansion

Quantum Computing Inc. (QUBT) released its second-quarter results on the 14th, giving investors a clearer view of how the company is managing growth while absorbing financial strain. The report showed a net loss of $36.5 million, driven by higher operating costs and a $28 million non-cash warrant liability charge. Revenue fell to just $61,000, highlighting how early-stage the company remains in its commercial track. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. However, the balance sheet improved sharply, with cash rising to $348.8 million after a $188 million private placement. This gives Quantum Computing Inc. a longer runway to fund operations and continue building its presence in the quantum market. Moving from Science to Practical Use Beyond financials, the company highlighted progress in applying its technology. It reported new sales in quantum sensing, artificial intelligence, and cybersecurity. These are fields where quantum methods can bring speed, security, and accuracy. Although revenue is still modest, the shift into industries with clear demand suggests management is working to align research with customer needs. The quarter also marked the opening of a photonic chip foundry in Tempe. This facility is designed to scale production of photonic devices, which are central to quantum systems that process and move light signals rather than electronic signals. By bringing more production in-house, the company can test designs faster and tailor solutions for different markets with greater control over cost and output. QUBT Positions Itself for the Long-Term Partnerships were another point of focus. Quantum Computing Inc. deepened ties with NASA and with international research groups. These collaborations may not produce immediate revenue, but they strengthen the brand and place the company within wider networks that could enhance its long-term customer base. On the market side, the company gained inclusion in the Russell 3000 and Russell 2000 (IWM) indexes. This expands exposure to institutional investors who track those indexes and could lead to higher liquidity in the stock, along with a broader shareholder base. Overall, the second-quarter update shows a company still in the early stages of turning science into business. Losses are significant and revenue remains light, yet Quantum Computing Inc. holds enough cash to withstand the volatile path toward becoming a fully commercialized enterprise. Is QUBT Stock a Good Buy? Quantum Computing Inc. is thinly followed by the Street's analysts. Currently, based on two ratings, QUBT stock boasts a Hold consensus rating. The average price target stands at $15.25, implying a 0.46% downside potential from the current price.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store