Rheinmetall’s (RHM) Neutral Rating Reiterated at DZ Bank
DZ Bank restated their neutral rating on shares of Rheinmetall (ETR:RHM) in a report issued on Monday, Borsen Zeitung reports.
A number of other research firms have also recently commented on RHM. Oddo Bhf set a €89.00 ($103.49) price target on Rheinmetall and gave the stock a sell rating in a report on Friday, June 14th. UBS Group set a €117.00 ($136.05) price objective on Rheinmetall and gave the stock a buy rating in a report on Thursday, August 1st. Nord/LB set a €122.00 ($141.86) price objective on Rheinmetall and gave the stock a buy rating in a report on Monday, August 5th. Deutsche Bank set a €115.00 ($133.72) price objective on Rheinmetall and gave the stock a buy rating in a report on Wednesday, July 10th. Finally, Independent Research set a €115.00 ($133.72) price objective on Rheinmetall and gave the stock a neutral rating in a report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €109.64 ($127.49).
ETR RHM opened at €114.70 ($133.37) on Monday. The stock’s 50 day moving average is €107.16 and its 200 day moving average is €102.29. The company has a current ratio of 1.41, a quick ratio of 0.79 and a debt-to-equity ratio of 50.61. Rheinmetall has a 12 month low of €68.94 ($80.16) and a 12 month high of €118.25 ($137.50). The stock has a market cap of $4.93 billion and a PE ratio of 14.80.
Rheinmetall AG 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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