Chemring says FY results will be more significantly weighted to H2
21st Mar 2019 10:04
(Sharecast News) - Chemring backed its full-year expectations on Thursday but warned that revenue, underlying operating profit and cash will be more significantly weighted to the second half due to operational disruption at some of its manufacturing sites.
Read moreDirector dealings: Chemring CEO ups stake
21st Feb 2019 15:55
(Sharecast News) - Chemring chief executive Michael Ord purchased 50,000 ordinary shares in the London-listed aerospace, defence and security outfit on Thursday.
Read moreWednesday broker round-up
30th Jan 2019 13:18
(Sharecast News) - CVS Group: RBC Capital Markets downgrades to sector performer with a target price of 600p.
Read moreWednesday broker round-up
17th Oct 2018 12:55
(Sharecast News) - Crest Nicholson: Liberum downgrades to hold with a target price of 331p.
Read moreChemring tumbles on Barclays downgrade
12th Oct 2018 07:57
(Sharecast News) - Chemring tumbled on Friday as Barclays cut its stance on the stock to 'underweight' from 'equalweight' and chopped the target price to 185p from 258p as it said company-gathered consensus is "materially" outdated after the Salisbury fatality in August and the premium valuation is unjustified.
Read moreChemring to take £15m hit from Salisbury blast; trading in line
4th Sep 2018 10:32
(Sharecast News) - Chemring said on Tuesday that it now expects the blast at its Countermeasures facility near Salisbury to dent full-year underlying operating profit by £15m, which is middle of its previous range.
Read moreChemring wins $93m contract with US Department of Defence
16th Aug 2018 10:41
(Sharecast News) - Chemring's US subsidiary has been awarded a $93m contract to refurbish and refresh the US Department of Defence's fleet of Husky vehicles, which are used to detect mines.
Read moreBarclays reiterates 'overweight' on Chemring, spies entrypoint into shares
15th Aug 2018 15:34
(Sharecast News) - Analysts at Barclays Research reiterated their 'overweight' stance on stock of Chemring following the tragic incident at the firm's countermeasures facility near Salisbury on 13 August.
Read moreChemring warns on profits after worker killed by blast
13th Aug 2018 07:51
(Sharecast News) - Chemring Group said production at its flare manufacturing factory has been suspended after a blast left one worker dead and another badly injured.
Read moreChemring wins US Army contract
13th Feb 2017 07:39
(ShareCast News) - Chemring's US subsidiary, Chemring Sensors and Electronic Systems, has received a contract from the US Army for ten ground penetrating radar trial systems, which will incorporate the group's enhanced detection technology capabilities. The evaluation of this new capability, if succ
Read moreChemring facing key technical resistance
2nd Feb 2017 15:34
(ShareCast News) - Shares in Chemring had managed to 'break-out' from the downward-sloping price channel in which they had been constrained since early 2011, but had yet to overcome a key level of technical resistance, Digital Look technical analyst Jose Maria Rodriguez said. The stock needed to
Read moreCanaccord upgrades Chemring to 'buy' after full year results
30th Jan 2017 09:59
(ShareCast News) - Canaccord Genuity on Monday upgraded its rating on Chemring to 'buy' from 'hold' and raised the target price to 210p from 160p. On 19 January, Chemring reported a 26.5% jump in full year revenue to £477m, driven by a weaker pound and the ramp-up of the defence group's F-35 stealth
Read moreDirectors dealings: Spouse of Chemring´s finance boss buys in
19th Jan 2017 16:19
(ShareCast News) - On 19 January, the spouse of Chemring´s finance chief, Karen Lewis, picked up 8,720 shares in the aerospace, defence and security goods manufacturer at an individual price of 173.74p, the company said in a statement. That same day, the company reported an improvement in its full-y
Read moreChemring appoints the finance director of the year
13th Dec 2016 09:04
(ShareCast News) - Chemring, a manufacturer of high technology products and services to the aerospace, defence and security markets, has appointed the winner of the finance director of the year award, Andrew Lewis as its group finance director. Lewis was group finance director of Avon Rubber from Se
Read moreTuesday broker round-up
22nd Nov 2016 09:56
(ShareCast News) - BT Group: UBS reiterates neutral with a target price of 400p. Tesco: JP Morgan reiterates underweight with a 135p target. Relx: Credit Suisse stays at outperform with a 1600p target. Pets at Home: HSBC reiterates buy with a 320p target. Royal Dutch Shell B: UBS starts coverage
Read more