Chemring Group plc 8.2% Potential Upside Indicated by Barclays Capital

Broker Ratings

Chemring Group plc using EPIC/TICKER code (LON:CHG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Chemring Group plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set a target price of 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.2% from the opening price of 268 GBX. Over the last 30 and 90 trading days the company share price has increased 58 points and increased 81 points respectively. The 1 year high for the stock price is 269.5 GBX while the 52 week low for the share price is 134 GBX.

Chemring Group plc has a 50 day moving average of 218.43 GBX and a 200 Day Moving Average share price is recorded at 190.52. There are currently 280,729,740 shares in issue with the average daily volume traded being 2,002,815. Market capitalisation for LON:CHG is £745,337,353 GBP.

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