Shares of Rheinmetall AG (ETR:RHM) have earned a consensus recommendation of “Buy” from the ten analysts that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €95.38 ($113.55).

Several research firms have recently issued reports on RHM. UBS AG set a €92.30 ($109.88) target price on shares of Rheinmetall AG and gave the stock a “buy” rating in a research note on Thursday, June 22nd. equinet AG set a €102.00 ($121.43) target price on shares of Rheinmetall AG and gave the stock a “buy” rating in a research note on Tuesday, August 15th. Nord/LB set a €100.00 ($119.05) target price on shares of Rheinmetall AG and gave the stock a “buy” rating in a research note on Wednesday, August 16th. HSBC Holdings plc set a €78.00 ($92.86) target price on shares of Rheinmetall AG and gave the stock a “neutral” rating in a research note on Friday, June 30th. Finally, Commerzbank Ag set a €67.00 ($79.76) target price on shares of Rheinmetall AG and gave the stock a “neutral” rating in a research note on Thursday, June 22nd.

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Rheinmetall AG (ETR RHM) opened at 84.30 on Tuesday. The stock has a market capitalization of €3.59 billion and a PE ratio of 16.90. The stock’s 50 day moving average is €86.78 and its 200 day moving average is €82.02. Rheinmetall AG has a 12-month low of €60.50 and a 12-month high of €89.74.

Rheinmetall AG Company Profile

Rheinmetall AG provides 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.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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