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Chemring ( (GB:CHG) ) has provided an update.
Chemring Group PLC announced its current capital structure, consisting of 272,208,518 ordinary shares with voting rights and 62,500 cumulative preference shares without voting rights, except in specific situations. This information is crucial for shareholders to determine their reporting obligations under the FCA’s Disclosure and Transparency Rules, potentially impacting shareholder engagement and compliance requirements.
The most recent analyst rating on (GB:CHG) stock is a Buy with a £670.00 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’s strong financial performance and strategic growth initiatives in high-demand defense segments are key strengths. Technical indicators suggest stable momentum, while valuation metrics indicate potential overvaluation. The earnings call and corporate events reinforce a positive outlook, although cash flow challenges and valuation concerns are notable risks.
To see Spark’s full report on GB:CHG stock, click here.
More about Chemring
Chemring Group PLC operates in the defense and aerospace industry, specializing in the production of advanced countermeasures, sensors, and energetic materials. The company focuses on providing innovative solutions to enhance the safety and effectiveness of military and security operations globally.
Average Trading Volume: 1,321,661
Technical Sentiment Signal: Buy
Current Market Cap: £1.5B
Find detailed analytics on CHG stock on TipRanks’ Stock Analysis page.