Chemring Group plc (CHG) Now Covered by Analysts at Peel Hunt

Peel Hunt began coverage on shares of Chemring Group plc (LON:CHG) in a research report report published on Tuesday morning. The brokerage issued an add rating and a GBX 185 ($2.44) price objective on the stock.

CHG has been the subject of a number of other reports. Liberum Capital lifted their price target on shares of Chemring Group plc from GBX 210 ($2.77) to GBX 225 ($2.97) and gave the company a buy rating in a research report on Friday, October 6th. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 205 ($2.71) price target on shares of Chemring Group plc in a research report on Monday, July 24th. Finally, Barclays PLC reiterated an equal weight rating and set a GBX 200 ($2.64) price target on shares of Chemring Group plc in a research report on Thursday, August 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 206.83 ($2.73).

Chemring Group plc (CHG) opened at 170.75 on Tuesday. The firm’s market cap is GBX 476.78 million. Chemring Group plc has a one year low of GBX 142.00 and a one year high of GBX 208.00. The firm’s 50 day moving average price is GBX 175.72 and its 200-day moving average price is GBX 181.35.

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