equinet AG Reiterates €107.00 Price Target for Rheinmetall AG (RHM)
Several other research analysts also recently commented on the company. UBS AG set a €105.00 ($123.53) price target on Rheinmetall AG and gave the company a buy rating in a report on Friday, October 6th. DZ Bank AG restated a buy rating on shares of Rheinmetall AG in a report on Tuesday, August 29th. Nord/LB set a €100.00 ($117.65) price target on Rheinmetall AG and gave the company a buy rating in a report on Wednesday, August 16th. Warburg Research set a €91.50 ($107.65) price target on Rheinmetall AG and gave the company a neutral rating in a report on Tuesday, August 8th. Finally, Independent Research GmbH set a €92.00 ($108.24) price target on Rheinmetall AG and gave the company a neutral rating in a report on Monday, August 7th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €97.15 ($114.29).
Shares of Rheinmetall AG (ETR RHM) opened at 97.837 on Monday. Rheinmetall AG has a 52 week low of €60.50 and a 52 week high of €98.54. The firm has a market cap of €4.17 billion and a PE ratio of 19.618. The stock has a 50 day moving average price of €91.61 and a 200 day moving average price of €86.69.
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Rheinmetall AG Company Profile
Rheinmetall AG provides automotive components and defense equipment in Germany and internationally. The companys 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.
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