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Canaccord Genuity reiterated their buy rating on shares of SQS Software Quality Systems AG (LON:SQS) in a report issued on Thursday morning, Market Beat.com reports. The brokerage currently has a GBX 650 ($9.46) price target on the stock.
Other research analysts have also issued research reports about the company. Numis Securities Ltd reaffirmed an add rating and set a GBX 605 ($8.81) target price on shares of SQS Software Quality Systems AG in a report on Thursday. Westhouse Securities reissued a buy rating and issued a GBX 660 ($9.61) price target on shares of SQS Software Quality Systems AG in a report on Monday, November 2nd.
Shares of SQS Software Quality Systems AG opened at 554.75 on Thursday. The firm's market cap is GBX 173.64 million. SQS Software Quality Systems AG has a 52 week low of GBX 462.00 and a 52 week high of GBX 634.25. The stock has a 50 day moving average price of GBX 588.44 and a 200 day moving average price of GBX 578.24.
SQS Software Quality Systems AG 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). The Company is also engage d in business with contractors, training and conferences, and software product testing tools. The Company's customers include Allianz, Beazley, BP, Centrica, Commerzbank, Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters, UBS and Volkswagen. SQS operates in Europe, Asia, North America and Africa.
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