Chemring Group plc (LON:CHG)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research note issued on Monday, July 31st. They presently have a GBX 210 ($2.73) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 18.81% from the company’s current price.
Several other research firms also recently issued reports on CHG. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 205 ($2.67) price objective on shares of Chemring Group plc in a report on Monday, July 24th. Panmure Gordon lifted their price objective on 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Chemring Group plc has an average rating of “Hold” and a consensus price target of GBX 191.20 ($2.49).
Shares of Chemring Group plc (LON:CHG) opened at 176.75 on Monday. The company’s 50 day moving average is GBX 182.02 and its 200-day moving average is GBX 188.54. Chemring Group plc has a 1-year low of GBX 130.50 and a 1-year high of GBX 208.00.
In other Chemring Group plc news, insider Michael Flowers purchased 20,000 shares of Chemring Group plc stock in a transaction on Thursday, June 22nd. The stock was bought at an average price of GBX 197 ($2.57) per share, for a total transaction of £39,400 ($51,308.76).
Chemring Group plc Company Profile
What are top analysts saying about Chemring Group plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Chemring Group plc and related companies.