Key Points
- Insider sale: Chemring Group (LON:CHG) insider James Mortensen sold 18,816 shares on December 15 at an average price of GBX 481 for a total of £90,504.96.
- Analyst sentiment: Five analysts currently rate the stock a "Buy" with a consensus target of GBX 611.75, and several brokers recently raised price targets (up to GBX 670).
- Stock snapshot: CHG opened at GBX 474, trades within a 1‑year range of GBX 297.50–614, has a market cap of ~£1.28bn and a trailing P/E of 30.00.
Chemring Group PLC (LON:CHG - Get Free Report) insider James Mortensen sold 18,816 shares of the business's stock in a transaction on Monday, December 15th. The stock was sold at an average price of GBX 481, for a total value of £90,504.96.
Chemring Group Stock Performance
Shares of CHG opened at GBX 474 on Wednesday. Chemring Group PLC has a 1 year low of GBX 297.50 and a 1 year high of GBX 614. The stock has a market capitalization of £1.28 billion, a PE ratio of 30.00, a PEG ratio of 1.99 and a beta of 0.68. The company has a debt-to-equity ratio of 27.42, a quick ratio of 0.71 and a current ratio of 1.22. The stock has a 50-day simple moving average of GBX 524.54 and a 200-day simple moving average of GBX 544.19.
Chemring Group (LON:CHG - Get Free Report) last issued its earnings results on Tuesday, December 9th. The company reported GBX 19.70 earnings per share for the quarter. Chemring Group had a net margin of 0.64% and a return on equity of 0.88%. On average, analysts predict that Chemring Group PLC will post 24.8815166 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Panmure Gordon boosted their target price on shares of Chemring Group from GBX 480 to GBX 537 and gave the stock a "buy" rating in a research note on Wednesday, November 19th. Jefferies Financial Group upped their price objective on Chemring Group from GBX 530 to GBX 640 and gave the stock a "buy" rating in a research report on Wednesday, November 12th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 600 price objective on shares of Chemring Group in a report on Monday, November 17th. Finally, Berenberg Bank boosted their target price on Chemring Group from GBX 630 to GBX 670 and gave the stock a "buy" rating in a research note on Tuesday, November 11th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 611.75.
Read Our Latest Analysis on CHG
Chemring Group Company Profile
(
Get Free Report)
We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers' complex needs.
Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today's increasingly unstable world.
We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success.
Our customer base spans national defence organisations, security and law enforcement agencies, as well as commercial markets such as space and transport.
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