Oddo Bhf set a €80.00 ($93.02) price objective on Rheinmetall (ETR:RHM) in a research note published on Friday morning. The brokerage currently has a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €121.00 ($140.70) price objective on shares of Rheinmetall and gave the stock a buy rating in a research note on Friday, August 3rd. Warburg Research set a €117.00 ($136.05) price objective on shares of Rheinmetall and gave the stock a buy rating in a research note on Monday, August 6th. Cfra set a €110.00 ($127.91) price objective on shares of Rheinmetall and gave the stock a neutral rating in a research note on Friday, August 3rd. Commerzbank set a €130.00 ($151.16) price objective on shares of Rheinmetall and gave the stock a buy rating in a research note on Friday. Finally, Societe Generale set a €130.00 ($151.16) price objective on shares of Rheinmetall and gave the stock a buy rating in a research note on Thursday, August 2nd. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of €108.36 ($126.00).

Shares of ETR RHM traded up €0.80 ($0.93) during midday trading on Friday, reaching €79.10 ($91.98). 424,086 shares of the stock were exchanged, compared to its average volume of 160,244. Rheinmetall has a twelve month low of €71.11 ($82.69) and a twelve month high of €116.80 ($135.81).

About Rheinmetall

Rheinmetall Aktiengesellschaft manufactures and supplies 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.

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Analyst Recommendations for Rheinmetall (ETR:RHM)

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