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Chemring Group (CHG) Stock Forecast & Price Target

GBX 383.28
+3.78 (+1.00%)
(As of 05:53 AM ET)

Chemring Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

GBX 416
High ForecastGBX 460
Average ForecastGBX 416
Low ForecastGBX 338
TypeCurrent Forecast
6/20/23 to 6/19/24
1 Month Ago
5/21/23 to 5/20/24
3 Months Ago
3/22/23 to 3/21/24
1 Year Ago
6/20/22 to 6/20/23
Consensus Rating
Moderate Buy
Hold
Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 416GBX 354GBX 370GBX 358
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CHG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CHG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Chemring Group Stock vs. The Competition

TypeChemring GroupIndustrials Companies
Consensus Rating Score
2.50
2.56
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuyGBX 450+19.34%
6/4/2024Berenberg Bank
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 Boost TargetBuyGBX 415 ➝ GBX 460+17.44%
6/4/2024Shore Capital
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 Reiterated RatingBuy
5/7/2024Barclays
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 Lower TargetUnderweightGBX 345 ➝ GBX 338-11.75%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:18 AM ET.

CHG Forecast - Frequently Asked Questions

What is Chemring Group's stock forecast and purchase recommendation?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Chemring Group is GBX 416, with a high forecast of GBX 460 and a low forecast of GBX 338. The consensus rating for Chemring Group stock is Moderate Buy based on the current 1 sell rating and 3 buy ratings for CHG. Learn more on CHG's analyst rating history.

Do Wall Street analysts like Chemring Group more than its competitors?

Analysts like Chemring Group less than other "industrials" companies. The consensus rating score for Chemring Group is 2.50 while the average consensus rating score for "industrials" companies is 2.56. Learn more on how CHG compares to other companies.

Does Chemring Group's stock price have much upside?

According to analysts, Chemring Group's stock has a predicted upside of 8.35% based on their 12-month stock forecasts.

What analysts cover Chemring Group?

Chemring Group has been rated by research analysts at Barclays, Berenberg Bank, Deutsche Bank Aktiengesellschaft, and Shore Capital in the past 90 days.


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This page (LON:CHG) was last updated on 6/19/2024 by MarketBeat.com Staff

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