Other equities analysts also recently issued research reports about the company. Canaccord Genuity restated a buy rating and set a GBX 165 ($2.01) target price on shares of Chemring Group plc in a research report on Thursday, June 16th. Panmure Gordon reiterated a hold rating and issued a GBX 136 ($1.66) price objective on shares of Chemring Group plc in a research report on Friday, September 9th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 130 ($1.58) price objective on shares of Chemring Group plc in a research report on Monday, July 18th. Finally, Barclays PLC reiterated an underweight rating on shares of Chemring Group plc in a research report on Thursday, August 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Chemring Group plc has a consensus rating of Hold and a consensus target price of GBX 164.33 ($2.00).
Chemring Group plc (LON:CHG) opened at 146.91 on Thursday. Chemring Group plc has a 52-week low of GBX 90.25 and a 52-week high of GBX 200.59. The company has a 50 day moving average price of GBX 143.84 and a 200-day moving average price of GBX 136.49.
In other news, insider Flowers ,Michael bought 15,000 shares of the company’s stock in a transaction dated Thursday, August 11th. The stock was bought at an average price of GBX 133 ($1.62) per share, for a total transaction of £19,950 ($24,314.44).
About Chemring Group plc
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