Chemring Group PLC (LON:CHG) Stock Neutral Rating Reconfirmed at JP Morgan Cazenove; The PT is Set to GBX 205.00; Carmax (KMX)’s Sentiment Is 0.9

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company has market cap of $12.39 billion. The firm operates in two divisions, CarMax Sales Operations and CarMax Auto Finance. It has a 18.8 P/E ratio. It offers clients a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to clients at the time of sale.

JP Morgan Cazenove have a GBX 205.00 target on the stock. The target would indicate a potential upside of 16.48% from Chemring Group PLC (LON:CHG)‘s last price. This rating was disclosed in analysts report on 5 January.

The stock increased 1.96% or $1.31 during the last trading session, reaching $68.25. About 4.09 million shares traded or 107.06% up from the average. CarMax Inc. (KMX) has risen 26.17% since January 5, 2017 and is uptrending. It has outperformed by 9.47% the S&P500.

Ratings analysis reveals 20% of CarMax’s analysts are positive. Out of 5 Wall Street analysts rating CarMax, 1 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $55.0 while the high is $70.0. The stock’s average target of $62.67 is -8.18% below today’s ($68.25) share price. KMX was included in 5 notes of analysts from August 18, 2016. On Thursday, August 18 the stock rating was maintained by Wedbush with “Neutral”. Susquehanna initiated CarMax Inc. (NYSE:KMX) rating on Friday, August 26. Susquehanna has “Positive” rating and $70.0 target. The firm earned “Underweight” rating on Wednesday, February 1 by Morgan Stanley. On Friday, September 9 the stock rating was downgraded by Buckingham Research to “Neutral”. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, April 7.

Since January 1, 0001, it had 1 insider purchase, and 15 insider sales for $45.21 million activity.

Broad Run Investment Management Llc holds 8.55% of its portfolio in CarMax Inc. for 3.37 million shares. Markel Corp owns 4.91 million shares or 7.42% of their US portfolio. Moreover, Avenir Corp has 7.04% invested in the company for 1.08 million shares. The New York-based Ruane Cunniff & Goldfarb Inc has invested 6.39% in the stock. Akre Capital Management Llc, a Virginia-based fund reported 5.15 million shares.

The stock decreased 0.47% or GBX 0.83 during the last trading session, reaching GBX 176.57. About 22,483 shares traded. Chemring Group plc (LON:CHG) has 0.00% since January 5, 2017 and is . It has underperformed by 16.70% the S&P500.

Chemring Group PLC develops, manufactures, and sells protection solutions for defense and security markets worldwide. The company has market cap of 493.34 million GBP. It operates through three divisions: Countermeasures, Sensors & Electronics, and Energetic Systems. It has a 25.59 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.