Chemring Group plc (CHG) Rating Reiterated by Liberum Capital

Liberum Capital reiterated their buy rating on shares of Chemring Group plc (LON:CHG) in a research note issued to investors on Monday, August 7th. Liberum Capital currently has a GBX 210 ($2.73) target price on the stock.

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CHG has been the topic of several other research reports. J P Morgan Chase & Co restated a neutral rating and set a GBX 205 ($2.66) target price on shares of Chemring Group plc in a research report on Monday, July 24th. Panmure Gordon upped their price target on Chemring Group plc from GBX 190 ($2.47) to GBX 216 ($2.80) and gave the stock a buy rating in a research note on Thursday, June 22nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 208.20 ($2.70).

Shares of Chemring Group plc (CHG) opened at 177.50 on Monday. Chemring Group plc has a 1-year low of GBX 135.25 and a 1-year high of GBX 208.00. The firm’s 50 day moving average is GBX 180.82 and its 200 day moving average is GBX 188.04.

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The company also recently disclosed a dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, August 31st.

In related news, insider Michael Flowers purchased 20,000 shares of the business’s stock in a transaction dated Thursday, June 22nd. The stock was purchased at an average cost of GBX 197 ($2.56) per share, with a total value of £39,400 ($51,148.90).

About Chemring Group plc