Rheinmetall AG (ETR:RHM)‘s stock had its “buy” rating restated by investment analysts at DZ Bank AG in a report released on Tuesday.

RHM has been the subject of a number of other reports. Commerzbank Ag set a €67.00 ($79.76) target price on Rheinmetall AG and gave the company a “neutral” rating in a research note on Friday, June 16th. HSBC Holdings plc set a €78.00 ($92.86) target price on Rheinmetall AG and gave the company a “neutral” rating in a research note on Friday, June 30th. Kepler Capital Markets set a €88.00 ($104.76) target price on Rheinmetall AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. Berenberg Bank set a €98.00 ($116.67) target price on Rheinmetall AG and gave the company a “buy” rating in a research note on Friday, August 4th. Finally, UBS AG set a €92.30 ($109.88) target price on Rheinmetall AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €95.38 ($113.55).

Shares of Rheinmetall AG (RHM) traded down 1.428% during midday trading on Tuesday, reaching €84.578. The company’s stock had a trading volume of 910 shares. Rheinmetall AG has a 12-month low of €60.50 and a 12-month high of €89.74. The stock’s 50-day moving average price is €86.78 and its 200-day moving average price is €82.02. The company has a market cap of €3.60 billion and a P/E ratio of 16.960.

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Rheinmetall AG Company Profile

Rheinmetall AG provides automotive components and defense equipment in Germany and internationally. The company’s automotive products include mechatronics, such as cutting emissions, actuators, and solenoid valves, as well as water, oil, and vacuum pumps; hardparts, including pistons, engine blocks, structural components and cylinder heads, plain bearings, and bushes; and replacement parts.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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