Liberum Capital Reaffirms “Buy” Rating for Chemring Group plc (CHG)
Chemring Group plc (LON:CHG)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research note issued to investors on Tuesday. They presently have a GBX 225 ($2.96) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 35.14% from the company’s previous close.
CHG has been the topic of several other research reports. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 205 ($2.70) price objective on shares of Chemring Group plc in a research note on Monday, July 24th. Peel Hunt assumed coverage on shares of Chemring Group plc in a research note on Tuesday, October 31st. They set an “add” rating and a GBX 185 ($2.43) price objective on the stock. Finally, Barclays PLC reissued an “equal weight” rating and set a GBX 200 ($2.63) price objective on shares of Chemring Group plc in a research note on Thursday, August 17th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 206.83 ($2.72).
Chemring Group plc (LON:CHG) opened at GBX 166.50 ($2.19) on Tuesday. Chemring Group plc has a one year low of GBX 153.50 ($2.02) and a one year high of GBX 208 ($2.74).
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About Chemring Group plc
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