You are here

Prices & Quotes - UK Markets - Chemring Group (CHG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 287.00p
Change Today:
-12.00p
Market Cap:
811.94m
Sector:
Aerospace and Defence

Berenberg nudges up target price on Chemring

By Iain Gilbert

Date: Wednesday 04 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg slightly raised their target price on aerospace and defence firm Chemring from 300.0p to 320.0p on Wednesday, stating cash was "king".
Berenberg said Chemring's post-close trading update was yet another positive touch-point with the market, as cash performance continued to track ahead of expectations and full-year guidance was confirmed at the upper end of current consensus, while the group's order book provided "excellent visibility" for 2021 and beyond.

"Yet again, all this highlights the ongoing resilience and improving quality of the underlying business," said the analysts.

The German bank, which also reiterated its 'buy' rating on the stock, stated that it remained "positively disposed" towards Chemring on the back of higher cash and lower net debt forecasts.

"Indeed, we continue to see upside potential to medium-term estimates given enduring momentum, with the group's low gearing (we forecast 2020 net debt/EBITDA of 0.7x) offering capital deployment optionality, in our view."

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Chemring Group Market Data

Currency UK Pounds
Price 287.00p
Change Today -12.00p
52 Week High 324.00p
52 Week Low 228.00p
Volume 905,046
Shares Issued 282.90m
Market Cap 811.94m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Price Chg 6m
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Chemring Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Aug-21 01-Apr-21
Paid 10-Sep-21 23-Apr-21
Amount 1.60p 2.60p

Trades for 18-Jun-2021

Time Volume / Share Price
16:35 682,485 @ 287.00p
16:29 12 @ 290.00p
16:29 13 @ 290.00p
16:29 3 @ 290.00p
16:29 299 @ 289.00p

Chemring Group Key Personnel

Chair Carl-Peter Forster