Chemring Group plc (LON:CHG) had its target price lifted by JPMorgan Chase & Co. from GBX 130 ($1.61) to GBX 140 ($1.73) in a report issued on Monday. They currently have a neutral rating on the stock.
CHG has been the subject of a number of other reports. Canaccord Genuity reaffirmed a hold rating and set a GBX 135 ($1.67) price objective on shares of Chemring Group plc in a research report on Thursday, September 1st. Panmure Gordon reaffirmed a hold rating and set a GBX 107 ($1.32) price objective on shares of Chemring Group plc in a research report on Thursday, July 14th. Liberum Capital reaffirmed a hold rating on shares of Chemring Group plc in a research report on Wednesday, August 31st. Finally, Barclays PLC reaffirmed an underweight rating on shares of Chemring Group plc in a research report on Thursday, August 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 164.33 ($2.03).
Shares of Chemring Group plc (LON:CHG) opened at 144.00 on Monday. Chemring Group plc has a 12 month low of GBX 90.25 and a 12 month high of GBX 200.59. The company’s 50 day moving average price is GBX 143.40 and its 200 day moving average price is GBX 136.23.
In other Chemring Group plc news, insider Flowers ,Michael purchased 15,000 shares of Chemring Group plc stock in a transaction dated Thursday, August 11th. The stock was acquired at an average cost of GBX 133 ($1.65) per share, with a total value of £19,950 ($24,690.59).
Chemring Group plc Company Profile
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