Liberum Capital Reiterates Buy Rating for Chemring Group (CHG)
Liberum Capital restated their buy rating on shares of Chemring Group (LON:CHG) in a research report report published on Friday. The brokerage currently has a GBX 225 ($3.05) price target on the stock.
A number of other analysts have also recently weighed in on the stock. Berenberg Bank began coverage on shares of Chemring Group in a report on Wednesday, January 10th. They set a buy rating and a GBX 211 ($2.86) target price on the stock. JPMorgan Chase & Co. dropped their target price on shares of Chemring Group from GBX 210 ($2.85) to GBX 205 ($2.78) and set a neutral rating on the stock in a report on Friday, January 5th. Finally, Peel Hunt reissued an add rating and set a GBX 185 ($2.51) target price on shares of Chemring Group in a report on Tuesday, November 14th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 207.43 ($2.81).
Shares of Chemring Group (LON:CHG) traded down GBX 0.40 ($0.01) during trading hours on Friday, hitting GBX 181.60 ($2.46). 27,494 shares of the company’s stock were exchanged, compared to its average volume of 155,086. The firm has a market capitalization of $507.39 and a PE ratio of 3,632.00. Chemring Group has a 52 week low of GBX 162 ($2.20) and a 52 week high of GBX 208 ($2.82).
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About Chemring Group
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