Chemring Group’s (CHG) “Buy” Rating Reiterated at Jefferies Financial Group

Chemring Group (LON:CHG)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They currently have a GBX 660 price objective on the stock. Jefferies Financial Group‘s price target indicates a potential upside of 26.07% from the stock’s previous close.

CHG has been the subject of a number of other research reports. Berenberg Bank decreased their target price on shares of Chemring Group from GBX 660 to GBX 650 and set a “buy” rating for the company in a research report on Thursday, October 15th. Royal Bank Of Canada boosted their price target on shares of Chemring Group from GBX 580 to GBX 680 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 635.40.

Chemring Group Stock Performance

Shares of CHG stock opened at GBX 523.50 on Thursday. The company’s fifty day simple moving average is GBX 534.24 and its 200-day simple moving average is GBX 535.57. The company has a quick ratio of 0.70, a current ratio of 1.38 and a debt-to-equity ratio of 51.32. The firm has a market cap of £1.42 billion, a PE ratio of 42.56, a P/E/G ratio of 1.99 and a beta of 0.79. Chemring Group has a 12 month low of GBX 446.52 and a 12 month high of GBX 650.75.

Chemring Group Company Profile

We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers’ complex needs. Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today’s increasingly unstable world. We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success.