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Chemring Appoints Pete Raby as Non-Executive Director

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Chemring Appoints Pete Raby as Non-Executive Director

Confident Investing Starts Here:

The latest announcement is out from Chemring ( (GB:CHG) ).

Chemring Group PLC has announced the appointment of Pete Raby as an independent non-executive director, effective from September 1, 2025. Raby, who is currently the CEO of Morgan Advanced Materials plc, brings a wealth of experience in global technology and manufacturing operations, having led significant transformations at Morgan. His appointment is expected to contribute to Chemring’s continued development and performance, enhancing its strategic positioning in the industry.

The most recent analyst rating on (GB:CHG) stock is a Buy with a £460.00 price target. To see the full list of analyst forecasts on Chemring stock, see the GB:CHG Stock Forecast page.

Spark’s Take on GB:CHG Stock

According to Spark, TipRanks’ AI Analyst, GB:CHG is a Outperform.

Chemring demonstrates strong financial fundamentals with robust revenue growth and strategic initiatives like share buybacks and defense contracts enhancing its market position. However, challenges in cash flow management and high valuation present potential risks. While the technical outlook suggests stability, optimizing cash flows and addressing valuation concerns could improve investor confidence.

To see Spark’s full report on GB:CHG stock, click here.

More about Chemring

Chemring is a FTSE-250 global business specializing in the manufacture of high technology products and services for the defense, security, and aerospace markets. With approximately 2,700 employees worldwide and production facilities in four countries, Chemring serves customers in over fifty countries. The company is organized into two strategic product segments: Sensors & Information and Countermeasures & Energetics, and is known for its high reliability solutions and strong investment in research and development.

Average Trading Volume: 1,342,911

Technical Sentiment Signal: Buy

Current Market Cap: £1.3B

Find detailed analytics on CHG stock on TipRanks’ Stock Analysis page.

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