CHEMRING

P 340 335 330 325 337 15 Dec 320 11 Dec 12 Dec 13 Dec 14 Dec 15 Dec

Aerospace and defence group Chemring announced a record full-year order book last week as increasing global conflict drives demand for products. Underlying pre-tax profit rose 17 per cent, while management hiked the group's dividend per share by 21 per cent. "Chemring is building on a very solid platform for growth and we see more to come," Peel Hunt analysts said, reiterating their buy rating and 410p target price.

TRAINLINE

P 340 320 316.40 15 Dec 300 280 260 11 Dec 12 Dec 13 Dec 14 Dec 15 Dec

The international digital rail and coach technology platform Trainline, which is based in London, will see investors with a spring in their step after the government scrapped plans to launch a rival digital ticket service late last Thursday. Shares soared 22 per cent the following day, continuing the FTSE-250 firm's stellar rally this year. Peel Hunt analysts say buy, with a target price of 440p.

(c) 2023 City A.M., source Newspaper