S&P Global set a €120.00 ($139.53) price target on Rheinmetall AG (ETR:RHM) in a research note released on Tuesday. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on RHM. Independent Research GmbH set a €92.00 ($106.98) target price on shares of Rheinmetall AG and gave the stock a neutral rating in a report on Monday, August 7th. equinet AG set a €102.00 ($118.60) target price on shares of Rheinmetall AG and gave the stock a buy rating in a report on Tuesday, August 15th. Warburg Research set a €91.50 ($106.40) price objective on shares of Rheinmetall AG and gave the company a neutral rating in a report on Tuesday, August 8th. Commerzbank Ag set a €105.00 ($122.09) price objective on shares of Rheinmetall AG and gave the company a buy rating in a report on Tuesday. Finally, Nord/LB set a €100.00 ($116.28) price objective on shares of Rheinmetall AG and gave the company a buy rating in a report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Rheinmetall AG presently has an average rating of Buy and a consensus price target of €103.21 ($120.01).

Shares of Rheinmetall AG (ETR:RHM) opened at €99.43 ($115.62) on Tuesday. Rheinmetall AG has a 1-year low of €62.04 ($72.14) and a 1-year high of €106.46 ($123.79).

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About Rheinmetall AG

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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