Chemring Group (LON:CHG) Stock Gets Price Target Reduction from Berenberg Bank

Posted by Stanley Muller on Oct 18th, 2026

Chemring Group (LON:CHG – Free Report) had its price objective cut by Berenberg Bank from GBX 660 to GBX 650 in a research report sent to investors on Thursday morning,Digital Look reports. They currently have a buy rating on the stock.

CHG has been the topic of several other research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 658 price target on shares of Chemring Group in a research note on Friday, July 31st. Royal Bank Of Canada boosted their price objective on shares of Chemring Group from GBX 580 to GBX 680 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 650 price objective on shares of Chemring Group in a research report on Friday, June 26th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 635.

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Chemring Group Price Performance

Shares of CHG stock opened at GBX 539.50 on Thursday. The firm has a fifty day simple moving average of GBX 548.09 and a 200-day simple moving average of GBX 539.33. The company has a market capitalization of £1.46 billion, a PE ratio of 43.86, a price-to-earnings-growth ratio of 1.99 and a beta of 0.80. Chemring Group has a twelve month low of GBX 446.52 and a twelve month high of GBX 650.75. The company has a current ratio of 1.38, a quick ratio of 0.70 and a debt-to-equity ratio of 51.32.

Insider Buying and Selling

In other Chemring Group news, insider Michael Ord sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of GBX 612, for a total transaction of £1,224,000. Also, insider Sarah Ellard sold 57,597 shares of Chemring Group stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of GBX 602, for a total value of £346,733.94. 1.17% of the stock is owned by company insiders.

Chemring Group Company Profile

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We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers’ complex needs.

Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today’s increasingly unstable world.

We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success.

Our customer base spans national defence organisations, security and law enforcement agencies, as well as commercial markets such as space and transport.