Chemring Group PLC (LON:CHG) Stock Rating Kept by Analysts at JP Morgan Cazenove; The GBX 205.00 Target Indicates 10.27% Potential; Signet Jewelers Limited (SIG) Covered By 8 Bulls

January 19, 2018 - By Martha Paddon

Chemring Group PLC (LON:CHG) had its stock rating noted as “Neutral” by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 205.00 target price per share on the 521.92M GBP market cap company or 10.27% upside potential. This was revealed to investors in a note on Friday, 19 January.

Among 21 analysts covering Signet Jewelers (NYSE:SIG), 8 have Buy rating, 0 Sell and 13 Hold. Therefore 38% are positive. Signet Jewelers had 71 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was initiated by Johnson Rice with “Buy” on Monday, November 9. The stock has “Buy” rating by RBC Capital Markets on Wednesday, November 22. On Wednesday, August 26 the stock rating was downgraded by Zacks to “Buy”. The firm has “Overweight” rating given on Friday, November 6 by JP Morgan. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 12. The rating was downgraded by CL King to “Neutral” on Monday, May 29. The stock of Signet Jewelers Limited (NYSE:SIG) has “Hold” rating given on Wednesday, November 22 by Telsey Advisory. The rating was maintained by Buckingham Research with “Neutral” on Friday, August 25. The stock of Signet Jewelers Limited (NYSE:SIG) earned “Neutral” rating by JP Morgan on Tuesday, August 30. RBC Capital Markets maintained the shares of SIG in report on Thursday, August 24 with “Buy” rating. See Signet Jewelers Limited (NYSE:SIG) latest ratings:

12/01/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
11/01/2018 Broker: Wells Fargo Rating: Hold New Target: $52.0 Maintain
10/01/2018 Broker: Susquehanna Rating: Hold New Target: $52.0 Maintain
22/11/2017 Broker: Cowen & Co Rating: Hold Maintain
22/11/2017 Broker: Telsey Advisory Rating: Hold New Target: $60.0 Maintain
22/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $60.0 Maintain
21/11/2017 Broker: Wells Fargo Rating: Hold New Target: $60.0 Downgrade
14/11/2017 Broker: Buckingham Research Rating: Neutral Old Target: $55 New Target: $72 Maintain
02/11/2017 Broker: Susquehanna Rating: Hold New Target: $60.0 Initiate
03/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $66.0 Maintain

Since January 11, 2018, it had 1 buy, and 0 sales for $5.00 million activity. The insider Edelman Oded bought $5.00M.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.20, from 0.97 in 2017Q2. It worsened, as 32 investors sold Signet Jewelers Limited shares while 132 reduced holdings. 61 funds opened positions while 66 raised stakes. 67.66 million shares or 6.80% less from 72.59 million shares in 2017Q2 were reported. Hightower Advisors Ltd Liability accumulated 0.02% or 30,826 shares. The Maryland-based Clearbridge Lc has invested 0.83% in Signet Jewelers Limited (NYSE:SIG). State Of Wisconsin Invest Board reported 48,325 shares. Mason Street Advsr Ltd has 0.01% invested in Signet Jewelers Limited (NYSE:SIG). Ngam Advisors Lp, a Massachusetts-based fund reported 32,463 shares. Hutchin Hill Cap Limited Partnership holds 0.24% or 96,939 shares in its portfolio. Jane Street Group Limited Liability Company holds 0% or 8,049 shares in its portfolio. Lingohr And Partner Asset Management Gmbh has invested 0.68% in Signet Jewelers Limited (NYSE:SIG). Cibc Asset has invested 0% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Teacher Retirement Of Texas has invested 0.02% of its portfolio in Signet Jewelers Limited (NYSE:SIG). Nomura Asset Management Limited holds 0.09% or 107,857 shares. Mitsubishi Ufj Trust & Bk has 0.02% invested in Signet Jewelers Limited (NYSE:SIG) for 124,443 shares. 4,655 are owned by Sumitomo Mitsui Asset Mngmt Com Ltd. Swiss National Bank & Trust stated it has 228,600 shares. Great Lakes Advsr Llc invested 0.19% in Signet Jewelers Limited (NYSE:SIG).

The stock increased 0.63% or $0.35 during the last trading session, reaching $55.99. About 1.28M shares traded. Signet Jewelers Limited (NYSE:SIG) has declined 46.03% since January 19, 2017 and is downtrending. It has underperformed by 62.73% the S&P500.

Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company has market cap of $3.39 billion. The Company’s Sterling Jewelers division operates stores in malls and off-mall locations primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, and various mall regional brands. It has a 8.51 P/E ratio. As of January 28, 2017, this division operated 1,588 stores.

Chemring Group PLC develops, manufactures, and sells protection solutions for defense and security markets worldwide. The company has market cap of 521.92 million GBP. It operates through three divisions: Countermeasures, Sensors & Electronics, and Energetic Systems. It has a 27.07 P/E ratio. The Countermeasures segment designs, develops, makes, and sells expendable countermeasures for protecting air, sea, and land platforms; and land–based electronic warfare equipment.

Among 9 analysts covering Chemring Group PLC (LON:CHG), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Chemring Group PLC has GBX 294 highest and GBX 107 lowest target. GBX 199.67’s average target is 6.89% above currents GBX 186.8 stock price. Chemring Group PLC had 79 analyst reports since August 12, 2015 according to SRatingsIntel. Panmure Gordon maintained the stock with “Buy” rating in Thursday, June 22 report. JP Morgan maintained the stock with “Neutral” rating in Monday, September 14 report. The rating was maintained by Panmure Gordon with “Sell” on Friday, October 30. The stock has “Hold” rating by Liberum Capital on Tuesday, October 27. Barclays Capital maintained the stock with “Underweight” rating in Monday, May 23 report. Barclays Capital maintained the shares of CHG in report on Thursday, January 7 with “Underweight” rating. The firm has “Sell” rating given on Tuesday, October 27 by Panmure Gordon. JP Morgan maintained the stock with “Neutral” rating in Monday, March 20 report. Canaccord Genuity upgraded it to “Buy” rating and GBX 210 target in Monday, January 30 report. JP Morgan maintained the stock with “Neutral” rating in Thursday, September 1 report.

The stock decreased 0.64% or GBX 1.2 during the last trading session, reaching GBX 186.8. About 49,932 shares traded. Chemring Group plc (LON:CHG) has 0.00% since January 19, 2017 and is . It has underperformed by 16.70% the S&P500.