Chemring Group plc (LON:CHG) had its target price upped by analysts at Liberum Capital from GBX 210 ($2.79) to GBX 225 ($2.98) in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price target points to a potential upside of 26.05% from the company’s current price.

CHG has been the subject of a number of other research reports. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 205 ($2.72) price objective on shares of Chemring Group plc in a research note on Monday, July 24th. Panmure Gordon boosted their price objective on Chemring Group plc from GBX 190 ($2.52) to GBX 216 ($2.87) and gave the company a “buy” rating in a research note on Thursday, June 22nd. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 200 ($2.65) price objective on shares of Chemring Group plc in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Chemring Group plc presently has an average rating of “Buy” and an average price target of GBX 211.20 ($2.80).

Chemring Group plc (LON CHG) opened at 178.50 on Friday. Chemring Group plc has a one year low of GBX 140.00 and a one year high of GBX 208.00. The company has a 50-day moving average of GBX 177.37 and a 200 day moving average of GBX 183.91. The firm’s market cap is GBX 498.42 million.

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