Shares of Rheinmetall AG (ETR:RHM) have been given an average recommendation of “Buy” by the eleven research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have covered the stock in the last year is €113.00 ($128.41).
Several equities research analysts recently weighed in on the company. Berenberg Bank set a €110.00 ($125.00) target price on Rheinmetall in a report on Monday, November 8th. Nord/LB set a €83.00 ($94.32) price objective on Rheinmetall in a report on Tuesday, December 7th. Kepler Capital Markets set a €116.00 ($131.82) price objective on Rheinmetall in a report on Thursday, December 9th. UBS Group set a €110.00 ($125.00) price objective on Rheinmetall in a report on Tuesday, December 14th. Finally, Warburg Research set a €119.00 ($135.23) target price on Rheinmetall in a research note on Monday, November 8th.
Shares of Rheinmetall stock opened at €92.00 ($104.55) on Friday. The company has a current ratio of 1.45, a quick ratio of 0.73 and a debt-to-equity ratio of 42.70. The firm has a market capitalization of $3.97 billion and a PE ratio of 16.22. The business’s 50-day moving average price is €84.31 and its 200-day moving average price is €83.00. Rheinmetall has a 12 month low of €76.28 ($86.68) and a 12 month high of €93.80 ($106.59).
Rheinmetall AG manufactures and supplies automotive components and defense equipment in Germany and internationally. The company's automotive products include mechatronics, such as emissions reduction, actuators, and solenoid valves, as well as water, oil, and vacuum pumps; hard parts, including pistons, engine blocks, structural components and cylinder heads, plain bearings, and bushes; and replacement parts.
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