Chemring Group plc (CHG) Receives GBX 207.67 Consensus Price Target from Analysts
Shares of Chemring Group plc (LON:CHG) have earned an average recommendation of “Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 207.67 ($2.79).
A number of research firms recently issued reports on CHG. J P Morgan Chase & Co lifted their target price on Chemring Group from GBX 205 ($2.76) to GBX 210 ($2.83) and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Peel Hunt reaffirmed an “add” rating and set a GBX 185 ($2.49) target price on shares of Chemring Group in a report on Tuesday, November 14th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 225 ($3.03) target price on shares of Chemring Group in a report on Tuesday, November 14th.
Shares of Chemring Group (LON:CHG) remained flat at $GBX 182 ($2.45) on Wednesday. 37,510 shares of the company’s stock traded hands, compared to its average volume of 342,684. The company has a market capitalization of $508.51 and a price-to-earnings ratio of 3,640.00. Chemring Group has a fifty-two week low of GBX 162 ($2.18) and a fifty-two week high of GBX 208 ($2.80).
Chemring Group Company Profile
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