Shares of Chemring Group plc (LON:CHG) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the firm. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 170.25 ($2.22).
A number of research firms have recently issued reports on CHG. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 130 ($1.70) price objective on shares of Chemring Group plc in a research note on Wednesday, September 14th. Panmure Gordon restated a “hold” rating and issued a GBX 136 ($1.78) price target on shares of Chemring Group plc in a research note on Friday, September 9th. Canaccord Genuity restated a “hold” rating and issued a GBX 135 ($1.76) price target on shares of Chemring Group plc in a research note on Thursday, September 1st. Liberum Capital restated a “hold” rating on shares of Chemring Group plc in a research note on Wednesday, August 31st. Finally, Barclays PLC restated an “underweight” rating on shares of Chemring Group plc in a research note on Thursday, August 18th.
Chemring Group plc (LON:CHG) opened at 140.75 on Monday. Chemring Group plc has a 1-year low of GBX 90.25 and a 1-year high of GBX 210.62. The stock’s 50 day moving average is GBX 141.57 and its 200-day moving average is GBX 135.44.
In other Chemring Group plc news, insider Flowers ,Michael acquired 15,000 shares of the firm’s stock in a transaction on Thursday, August 11th. The stock was purchased at an average price of GBX 133 ($1.74) per share, with a total value of £19,950 ($26,040.99).
Chemring Group plc Company Profile
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