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).

COPYRIGHT VIOLATION NOTICE: This piece was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be read at https://theolympiareport.com/2017/12/23/chemring-group-plc-chg-receives-gbx-207-67-consensus-price-target-from-analysts-2.html.

Chemring Group Company Profile

Analyst Recommendations for Chemring Group (LON:CHG)

Receive News & Ratings for Chemring Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemring Group and related companies with MarketBeat.com's FREE daily email newsletter.