Chemring Group plc (LON:CHG)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a report released on Tuesday, November 14th. They presently have a GBX 225 ($2.96) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 29.31% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the company. Barclays PLC reiterated an “equal weight” rating and set a GBX 200 ($2.63) target price on shares of Chemring Group in a report on Thursday, August 17th. Peel Hunt started coverage on Chemring Group in a report on Tuesday, October 31st. They set an “add” rating and a GBX 185 ($2.43) target price on the stock. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 205 ($2.70) target price on shares of Chemring Group in a report on Monday, July 24th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 207.67 ($2.73).

Shares of Chemring Group (CHG) traded up GBX 2 ($0.03) during trading hours on Tuesday, reaching GBX 174 ($2.29). The company’s stock had a trading volume of 114,699 shares, compared to its average volume of 501,474. Chemring Group has a 52-week low of GBX 162 ($2.13) and a 52-week high of GBX 208 ($2.74).

COPYRIGHT VIOLATION NOTICE: This story was first posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.americanbankingnews.com/2017/11/25/chemring-group-plc-chg-given-buy-rating-at-liberum-capital.html.

About Chemring Group

Analyst Recommendations for Chemring Group (LON:CHG)

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