Chemring Group plc (CHG) Receives Consensus Rating of “Buy” from Brokerages
Chemring Group plc (LON:CHG) has earned an average recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 207.67 ($2.79).
CHG has been the topic of a number of analyst reports. Peel Hunt initiated coverage on shares of Chemring Group in a report on Tuesday, October 31st. They issued an “add” rating and a GBX 185 ($2.49) target price on the stock. Liberum Capital restated a “buy” rating and issued a GBX 225 ($3.03) target price on shares of Chemring Group in a report on Tuesday, November 14th. Finally, J P Morgan Chase & Co upped their target price on shares of 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.
Shares of Chemring Group (LON CHG) opened at GBX 178.25 ($2.40) on Wednesday. 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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