J P Morgan Chase & Co restated their neutral rating on shares of Chemring Group plc (LON:CHG) in a research note published on Monday, July 24th. The firm currently has a GBX 205 ($2.70) price target on the stock.
Other equities research analysts also recently issued research reports about the company. Liberum Capital reissued a buy rating and issued a GBX 210 ($2.77) target price on shares of Chemring Group plc in a report on Tuesday, July 4th. Panmure Gordon raised their target price on Chemring Group plc from GBX 190 ($2.51) to GBX 216 ($2.85) and gave the company a buy rating in a report on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Chemring Group plc currently has an average rating of Hold and a consensus price target of GBX 191.20 ($2.52).
Chemring Group plc (LON:CHG) traded up 0.42% during trading on Monday, reaching GBX 179.75. 110,983 shares of the company’s stock were exchanged. Chemring Group plc has a 52 week low of GBX 123.00 and a 52 week high of GBX 208.00. The stock has a 50-day moving average price of GBX 183.96 and a 200 day moving average price of GBX 188.46.
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The company also recently declared a dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be paid a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, August 31st.
In other news, insider Michael Flowers purchased 20,000 shares of the business’s stock in a transaction dated Thursday, June 22nd. The stock was acquired at an average price of GBX 197 ($2.60) per share, with a total value of £39,400 ($51,972.04).
About Chemring Group plc
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