Rheinmetall AG (RHM) Given a €105.00 Price Target at UBS AG
Several other research analysts also recently commented on RHM. Kepler Capital Markets set a €88.00 ($103.53) target price on Rheinmetall AG and gave the stock a neutral rating in a report on Thursday, June 8th. Commerzbank Ag set a €67.00 ($78.82) target price on Rheinmetall AG and gave the stock a neutral rating in a report on Friday, June 16th. HSBC Holdings plc set a €78.00 ($91.76) target price on Rheinmetall AG and gave the stock a neutral rating in a report on Friday, June 30th. S&P Global set a €100.00 ($117.65) target price on Rheinmetall AG and gave the stock a buy rating in a report on Thursday, August 3rd. Finally, Berenberg Bank set a €98.00 ($115.29) target price on Rheinmetall AG and gave the stock a buy rating in a report on Friday, August 4th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of €96.65 ($113.71).
Rheinmetall AG (ETR RHM) traded up 0.05% during mid-day trading on Friday, reaching €98.05. The company had a trading volume of 665 shares. The company’s 50 day moving average is €90.91 and its 200 day moving average is €86.03. Rheinmetall AG has a 52-week low of €60.50 and a 52-week high of €98.54. The stock has a market capitalization of €4.17 billion and a price-to-earnings ratio of 19.66.
Rheinmetall AG Company Profile
Rheinmetall AG provides automotive components and defense equipment in Germany and internationally. The companys 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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