Chemring Group Rating Reiterated by Barclays Capital (CHG)
Chemring Group (LON: CHG)‘s stock had its “equal weight” rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Monday. They currently have a $4.03 (270 GBX) target price on the stock.
Chemring Group opened at 266.00 on Monday. Chemring Group has a 1-year low of GBX 213.70 and a 1-year high of GBX 448.50. The stock’s 50-day moving average is currently GBX 334.2. The company’s market cap is £514.2 million.
A number of other analysts have also recently weighed in on CHG. Analysts at JP Morgan Cazenove reiterated an “overweight” rating on shares of Chemring Group in a research note to investors on Thursday, February 28th. They now have a $4.51 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Chemring Group in a research note to investors on Thursday, February 28th. They now have a $4.55 price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Chemring Group in a research note to investors on Wednesday, February 27th. They now have a $5.08 price target on the stock.
Chemring Group PLC is engaged in the design, manufacture and sale of counter-improvised explosive device (IED) equipment, countermeasures, pyrotechnics and munitions.
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