Rheinmetall AG (RHM) Given a €100.00 Price Target at Nord/LB
Rheinmetall AG (ETR:RHM) received a €100.00 ($117.65) target price from equities research analysts at Nord/LB in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock.
Several other equities research analysts have also issued reports on RHM. UBS AG set a €92.30 ($108.59) price target on shares of Rheinmetall AG and gave the company a “buy” rating in a report on Saturday, May 20th. Kepler Capital Markets set a €88.00 ($103.53) price target on shares of Rheinmetall AG and gave the company a “neutral” rating in a report on Thursday, June 8th. Commerzbank Ag set a €67.00 ($78.82) price target on shares of Rheinmetall AG and gave the company a “neutral” rating in a report on Friday, June 16th. HSBC Holdings plc set a €78.00 ($91.76) price target on shares of Rheinmetall AG and gave the company a “neutral” rating in a report on Friday, June 30th. Finally, S&P Global set a €100.00 ($117.65) price target on shares of Rheinmetall AG and gave the company a “buy” rating in a report on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Rheinmetall AG currently has a consensus rating of “Buy” and an average price target of €95.38 ($112.21).
Rheinmetall AG (RHM) traded up 0.343% during mid-day trading on Wednesday, hitting €88.933. 285 shares of the stock traded hands. The stock has a market capitalization of €3.79 billion and a PE ratio of 17.833. Rheinmetall AG has a one year low of €60.50 and a one year high of €89.74. The company has a 50 day moving average price of €86.12 and a 200-day moving average price of €81.17.
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Rheinmetall AG Company Profile
Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment provides Combat Systems, including armored tracked vehicles, protection systems, propellants and powder and turret systems and weapon stations, Electronic Solutions, such as air defence systems, soldier systems, fire control systems and sensors, and Wheeled Vehicles, including wheeled logistics and wheeled tactical vehicles.
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