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Chemring Group plc 17.3% Potential Upside Indicated by Berenberg

Broker Ratings
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Chemring Group plc using EPIC/TICKER code (LON:CHG) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Chemring Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 180 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.3% from the opening price of 153.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.8 points and decreased 26.6 points respectively. The 52 week high share price is 239.5 GBX while the 52 week low for the share price is 150 GBX.

Chemring Group plc has a 50 day moving average of 166.25 GBX and a 200 Day Moving Average share price is recorded at 201.77. There are currently 279,988,929 shares in issue with the average daily volume traded being 341,411. Market capitalisation for LON:CHG is £430,062,967 GBP.

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