Chemring Group plc 4.5% 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 ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Chemring Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 190 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.5% from the opening price of 181.86 GBX. Over the last 30 and 90 trading days the company share price has increased 26.46 points and increased 35.46 points respectively. The 52 week high share price is 239.5 GBX while the year low share price is currently 134 GBX.

Chemring Group plc has a 50 day moving average of 169.38 GBX and a 200 Day Moving Average share price is recorded at 167.54. There are currently 280,043,069 shares in issue with the average daily volume traded being 437,752. Market capitalisation for LON:CHG is £509,118,182 GBP.

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