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.
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Chemring Group plc Company Profile
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