Chemring Group plc (LON:CHG)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research note issued on Monday. They currently have a GBX 210 ($2.73) target price on the stock. Liberum Capital’s target price suggests a potential upside of 17.98% from the company’s current price.
Other equities analysts have also recently issued reports about the stock. Panmure Gordon lifted their price objective on shares of Chemring Group plc from GBX 190 ($2.47) to GBX 216 ($2.81) and gave the stock a “buy” rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 205 ($2.67) price objective on shares of Chemring Group plc in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Chemring Group plc has an average rating of “Hold” and an average target price of GBX 191.20 ($2.49).
Shares of Chemring Group plc (LON:CHG) opened at 178.75 on Monday. Chemring Group plc has a 52-week low of GBX 128.00 and a 52-week high of GBX 208.00. The firm’s 50-day moving average is GBX 183.05 and its 200 day moving average is GBX 188.72.
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In other news, insider Michael Flowers purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The stock was purchased at an average cost of GBX 197 ($2.57) per share, with a total value of £39,400 ($51,308.76).
Chemring Group plc Company Profile
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