Analyst Price Target is GBX 358
▲ +28.09% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Chemring Group in the last 3 months. The average price target is GBX 358, with a high forecast of GBX 380 and a low forecast of GBX 336. The average price target represents a 28.09% upside from the last price of GBX 279.50.
Current Consensus is
Hold
The current consensus among 2 contributing investment analysts is to hold stock in Chemring Group. This rating has held steady since January 2022, when it changed from a Buy consensus rating.
Chemring Group PLC supplies countermeasures, sensors, and energetic solutions to aerospace, defense, and security industries in the United States, the United Kingdom, Norway, Australia, and internationally. The company operates through two segments, Sensors & Information and Countermeasures & Energetics. The Sensors & Information segment develops and manufactures electronic countermeasures; chemical and biological threat detection equipment; and explosive hazard detection equipment, as well as provides consulting and technology services to solve security-critical issues. The Countermeasures & Energetics segment offers expendable countermeasures for air, sea, and land platforms; cartridge/propellant actuated devices; pyrotechnic devices for satellite launch and deployment; missile components; separation sub-systems; actuators; and energetic materials, as well as aircrew egress and safety systems. Chemring Group PLC was incorporated in 1905 and is headquartered in Romsey, the United Kingdom.
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