Chemring Group plc (CHG) Price Target Raised to GBX 145
Chemring Group plc (LON:CHG) had its target price raised by JPMorgan Chase & Co. from GBX 140 ($1.75) to GBX 145 ($1.81) in a research note issued to investors on Thursday morning. They currently have a neutral rating on the stock.
Several other analysts have also weighed in on the company. Barclays PLC restated an underweight rating on shares of Chemring Group plc in a report on Thursday, August 18th. Liberum Capital upgraded Chemring Group plc to a buy rating and set a GBX 175 ($2.19) price target on the stock in a report on Thursday, October 13th. Panmure Gordon restated a hold rating and set a GBX 136 ($1.70) price target on shares of Chemring Group plc in a report on Friday, September 9th. Finally, Canaccord Genuity restated a hold rating and set a GBX 135 ($1.69) price target on shares of Chemring Group plc in a report on Thursday, September 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 164.33 ($2.05).
Shares of Chemring Group plc (LON:CHG) opened at 158.83 on Thursday. Chemring Group plc has a one year low of GBX 90.25 and a one year high of GBX 179.13. The stock’s 50 day moving average is GBX 144.78 and its 200-day moving average is GBX 137.71.
Chemring Group plc Company Profile
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