Chemring Group plc (LON:CHG)‘s stock had its “buy” rating reissued by Liberum Capital in a research report issued to clients and investors on Monday, July 31st. They presently have a GBX 210 ($2.73) target price on the stock. Liberum Capital’s target price points to a potential upside of 18.81% from the stock’s current price.
Other equities research analysts have also recently issued reports about the stock. Panmure Gordon raised their price target 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 report on Thursday, June 22nd. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 205 ($2.67) price target on shares of Chemring Group plc in a report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Chemring Group plc has a consensus rating of “Hold” and a consensus target price of GBX 191.20 ($2.49).
Shares of Chemring Group plc (LON CHG) opened at 176.75 on Monday. The company has a 50-day moving average of GBX 182.02 and a 200 day moving average of GBX 188.54. Chemring Group plc has a 52-week low of GBX 130.50 and a 52-week high of GBX 208.00.
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In other Chemring Group plc news, insider Michael Flowers acquired 20,000 shares of the company’s stock in a transaction on Thursday, June 22nd. The shares were 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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