Chemring Group Receives Buy Rating from Investec (CHG)
Chemring Group (LON: CHG)‘s stock had its “buy” rating reaffirmed by Investec in a research note issued on Wednesday. They currently have a $5.08 (335 GBX) price target on the stock.
Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Chemring Group in a research note to investors on Friday, January 18th. They now have a $3.36 price target on the stock.
Shares of Chemring Group opened at 282.10 on Wednesday. Chemring Group has a one year low of GBX 213.70 and a one year high of GBX 448.50. The stock’s 50-day moving average is currently GBX 334.2. The company’s market cap is £545.3 million.
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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