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Berenberg raises target price on Chemring

By Iain Gilbert

Date: Friday 23 Feb 2024

(Sharecast News) - Analysts at Berenberg raised their target price on aerospace and defence group Chemring from 370.0p to 415.0p on Friday, stating demand was driving the group's order book higher.

Berenberg said Chemring was an "underappreciated re-stocking play", nothing that its AGM trading update pointed to "further high order...

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