Chemring Group plc 4.8% Potential Decrease Indicated by Berenberg

Broker Ratings
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Chemring Group plc with EPIC/TICKER (LON:CHG) has had its stock rating noted as ‘Reiterates’ 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 a target price of 200 GBX on its stock. This is indicating the analyst believes there is a potential downside of -4.8% from the opening price of 210 GBX. Over the last 30 and 90 trading days the company share price has increased 12.6 points and increased 42.2 points respectively. The 52 week high for the stock is 214.5 GBX while the 52 week low is 134 GBX.

Chemring Group plc has a 50 day moving average of 196.77 GBX and the 200 Day Moving Average price is recorded at 173.17. There are currently 280,701,285 shares in issue with the average daily volume traded being 481,517. Market capitalisation for LON:CHG is £569,904,802 GBP.

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