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A statement released earlier today by JP Morgan Cazenove about Chemring Group PLC (LON:CHG) bumps the target price to 210.00GBX

Stating a potential upside of 0%, JP Morgan Cazenove upped the price target of Chemring Group PLC (LON:CHG) to 210.00GBX

Previously on Tuesday November 14, 2017, Peel Hunt reported about Chemring Group PLC (LON:CHG) held steady the target price at 185.00GBX. At the time, this indicated a possible upside of 0.11%.

Yesterday Chemring Group PLC (LON:CHG) traded -1.57% lower at 0.00GBX. The company’s 50-day moving average is 175.72GBX and its 200-day moving average is 181.35GBX. The last stock close price is down -4.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 83,525 shares of the stock were exchanged, down from an average trading volume of 405,522

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Chemring Group PLC (LON:CHG)

Chemring Group PLC has a 52 week low of 142.00GBX and a 52 week high of 208.00GBX with a P/E ratio of 25.00 The company’s market cap is currently 0 GBX.

About Chemring Group PLC (LON:CHG)

Chemring Group PLC is engaged in offering solutions to protect defense and security markets. The Company operates through three segments: Countermeasures, which is engaged in the development and manufacture of expendable countermeasures for air, sea and land platforms, and land-based electronic warfare equipment; Sensors & Electronics, which is engaged in the development and manufacture of improvised explosive device (IED) detection equipment, chemical and biological threat detection equipment, IED electronic countermeasures, network protection technologies and explosive ordnance disposal equipment, and Energetic Systems, which is engaged in the development, procurement and manufacture of signals and illumination devices and payloads, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile and ammunition components, propellants, warheads, fuses, separation sub-systems, actuators and energetic materials.

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