Chemring Group plc’s (CHG) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Chemring Group plc (LON:CHG) in a research note published on Monday, August 7th. They currently have a GBX 210 ($2.73) price target on the stock.

Several other equities research analysts have also recently commented on CHG. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 185 ($2.40) price objective on shares of Chemring Group plc in a research note on Friday, April 21st. Panmure Gordon raised their target price on Chemring Group plc from GBX 190 ($2.47) to GBX 216 ($2.80) and gave the company a buy rating in a report on Thursday, June 22nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 208.20 ($2.70).

Shares of Chemring Group plc (LON:CHG) traded down 0.28% during mid-day trading on Monday, hitting GBX 178.25. 62,175 shares of the company’s stock were exchanged. Chemring Group plc has a 52 week low of GBX 135.25 and a 52 week high of GBX 208.00. The firm has a 50 day moving average price of GBX 181.07 and a 200-day moving average price of GBX 188.12.

COPYRIGHT VIOLATION WARNING: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at

The business also recently declared a dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, August 31st.

In other Chemring Group plc news, insider Michael Flowers bought 20,000 shares of Chemring Group plc stock in a transaction that occurred on Thursday, June 22nd. The stock was acquired at an average cost of GBX 197 ($2.56) per share, for a total transaction of £39,400 ($51,148.90).

About Chemring Group plc

Analyst Recommendations for Chemring Group plc (LON:CHG)

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.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit