Rheinmetall (ETR:RHM) received a €128.00 ($148.84) price target from UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price would indicate a potential upside of 32.20% from the stock’s current price.

A number of other brokerages have also weighed in on RHM. Berenberg Bank set a €110.00 ($127.91) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Monday, November 11th. Warburg Research set a €102.00 ($118.60) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Friday, November 22nd. Deutsche Bank set a €105.00 ($122.09) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Friday, November 22nd. HSBC set a €110.00 ($127.91) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Monday. Finally, Kepler Capital Markets set a €106.00 ($123.26) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Thursday, November 21st. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €108.11 ($125.71).

Shares of Rheinmetall stock opened at €96.82 ($112.58) on Tuesday. The firm has a market cap of $4.16 billion and a price-to-earnings ratio of 13.30. The business has a 50-day moving average price of €102.48 and a 200-day moving average price of €105.94. The company has a quick ratio of 0.74, a current ratio of 1.39 and a debt-to-equity ratio of 53.02. Rheinmetall has a twelve month low of €74.26 ($86.35) and a twelve month high of €118.60 ($137.91).

Rheinmetall Company Profile

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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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