Rheinmetall (RHM) PT Set at €112.00 by Citigroup
Rheinmetall (ETR:RHM) has been assigned a €112.00 ($133.33) target price by Citigroup in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock. Citigroup’s target price suggests a potential upside of 7.59% from the company’s current price.
A number of other analysts have also recently commented on the company. Oddo Bhf set a €122.00 ($145.24) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Wednesday, November 22nd. UBS set a €105.00 ($125.00) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Thursday, November 23rd. S&P Global set a €120.00 ($142.86) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Tuesday, November 7th. DZ Bank reiterated a “buy” rating on shares of Rheinmetall in a research report on Tuesday, August 29th. Finally, Kepler Capital Markets set a €108.00 ($128.57) price target on Rheinmetall and gave the stock a “neutral” rating in a research report on Thursday, November 23rd. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of €106.81 ($127.15).
Rheinmetall (RHM) opened at €104.10 ($123.93) on Tuesday. Rheinmetall has a 1-year low of €62.46 ($74.36) and a 1-year high of €108.63 ($129.32).
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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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