Chemring Group plc (CHG) Price Target Raised to GBX 155 at JPMorgan Chase & Co.
Chemring Group plc (LON:CHG) had its price target hoisted by JPMorgan Chase & Co. from GBX 145 ($1.81) to GBX 155 ($1.94) in a report released on Tuesday. JPMorgan Chase & Co. currently has a neutral rating on the stock.
A number of other analysts have also recently weighed in on CHG. Canaccord Genuity restated a hold rating and issued a GBX 135 ($1.69) price target on shares of Chemring Group plc in a report on Thursday, September 1st. Liberum Capital restated a hold rating on shares of Chemring Group plc in a report on Wednesday, August 31st. Barclays PLC restated an underweight rating and issued a GBX 115 ($1.44) price target on shares of Chemring Group plc in a report on Thursday, October 20th. Finally, Panmure Gordon reaffirmed a hold rating and issued a GBX 136 ($1.70) price objective on shares of Chemring Group plc in a research report on Friday, September 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 170.17 ($2.13).
Chemring Group plc (LON:CHG) opened at 168.30 on Tuesday. The company has a 50-day moving average of GBX 147.62 and a 200 day moving average of GBX 138.43. Chemring Group plc has a 12-month low of GBX 90.25 and a 12-month high of GBX 176.72.
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Chemring Group plc Company Profile
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