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Chemring Group PLC (LON:CHG) target price raised to 140.00GBX, issued a report today by JP Morgan Cazenove

Chemring Group PLC (LON:CHG) had its target price raised to 140.00GBX by JP Morgan Cazenove in a report released Monday October 10, 2016. The new target price indicates a possible downside of -0.04% based on the company's last stock close price.

Previously on Wednesday September 14, 2016, JP Morgan Cazenove reported about Chemring Group PLC (LON:CHG) held steady the target price at 130.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Chemring Group PLC (LON:CHG) traded 3.14% higher at 146.25GBX. The company’s 50-day moving average is 142.94GBX and its 200-day moving average is 135.76GBX. The last stock close price is up 7.69% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 68,861 shares of the stock were exchanged, down from an average trading volume of 288,042

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Chemring Group PLC (LON:CHG)

Chemring Group PLC has a 52 week low of 90.25GBX and a 52 week high of 205.85GBX The company’s market cap is currently 0 GBX.

General Information About Chemring Group PLC (LON:CHG)

Chemring Group PLC is a United Kingdom-based company that develops and manufactures protection solutions for 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, warheads, fuses, separation sub-systems, actuators and energetic materials.

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