Chemring Group plc (CHG) Given Consensus Rating of “Buy” by Analysts

Chemring Group plc (LON:CHG) has earned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 206.83 ($2.73).

Several equities research analysts recently commented on the company. Peel Hunt assumed coverage on Chemring Group plc in a report on Tuesday. They set an “add” rating and a GBX 185 ($2.44) target price on the stock. Liberum Capital reiterated a “buy” rating and set a GBX 210 ($2.77) target price on shares of Chemring Group plc in a report on Monday, August 7th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 205 ($2.71) target price on shares of Chemring Group plc in a report on Monday, July 24th. Finally, Barclays PLC reiterated an “equal weight” rating and set a GBX 200 ($2.64) target price on shares of Chemring Group plc in a report on Thursday, August 17th.

Chemring Group plc (LON:CHG) opened at 172.50 on Tuesday. Chemring Group plc has a 12 month low of GBX 142.00 and a 12 month high of GBX 208.00. The firm’s market capitalization is GBX 481.67 million. The stock’s 50 day moving average price is GBX 175.81 and its 200-day moving average price is GBX 181.50.

WARNING: This piece of content was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/10/31/chemring-group-plc-chg-given-consensus-rating-of-buy-by-analysts.html.

Chemring Group plc Company Profile

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.

Comments

Leave a Reply


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