Rheinmetall AG (ETR:RHM) has been given a €102.00 ($120.00) price objective by research analysts at equinet AG in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock.

Several other equities analysts also recently commented on the company. Commerzbank Ag set a €67.00 ($78.82) target price on Rheinmetall AG and gave the company a “neutral” rating in a research report on Friday, June 16th. HSBC Holdings plc set a €78.00 ($91.76) target price on Rheinmetall AG and gave the company a “neutral” rating in a research report on Friday, June 30th. Kepler Capital Markets set a €88.00 ($103.53) target price on Rheinmetall AG and gave the company a “neutral” rating in a research report on Thursday, June 8th. Berenberg Bank set a €98.00 ($115.29) target price on Rheinmetall AG and gave the company a “buy” rating in a research report on Friday, August 4th. Finally, UBS AG set a €92.30 ($108.59) target price on Rheinmetall AG and gave the company a “buy” rating in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Rheinmetall AG presently has an average rating of “Buy” and a consensus target price of €95.38 ($112.21).

Shares of Rheinmetall AG (RHM) opened at 88.365 on Tuesday. The company has a market cap of €3.76 billion and a P/E ratio of 17.719. The company’s 50-day moving average price is €86.11 and its 200 day moving average price is €81.29. Rheinmetall AG has a 52 week low of €60.50 and a 52 week high of €89.74.

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About Rheinmetall AG

Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment provides Combat Systems, including armored tracked vehicles, protection systems, propellants and powder and turret systems and weapon stations, Electronic Solutions, such as air defence systems, soldier systems, fire control systems and sensors, and Wheeled Vehicles, including wheeled logistics and wheeled tactical vehicles.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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