Chemring Group plc 5.3% 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 ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Chemring Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 300 GBX on its stock. This is indicating the analyst believes there is a potential upside of 5.3% from the opening price of 285 GBX. Over the last 30 and 90 trading days the company share price has increased 86.2 points and increased 59 points respectively. The 52 week high for the stock is 288 GBX while the 52 week low is 145.8 GBX.

Chemring Group plc has a 50 day moving average of 211.56 GBX and a 200 day moving average of 221.55. There are currently 281,887,918 shares in issue with the average daily volume traded being 691,910. Market capitalisation for LON:CHG is £782,238,922 GBP.

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