UBS Group Analysts Give Rheinmetall (ETR:RHM) a €117.00 Price Target
UBS Group set a €117.00 ($136.05) price target on Rheinmetall (ETR:RHM) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the company. HSBC set a $122.00 price objective on Tiffany & Co. and gave the stock a buy rating in a research note on Friday, June 14th. Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the stock a neutral rating in a research note on Tuesday, May 21st. Kepler Capital Markets reissued a hold rating on shares of Continental in a research note on Friday, June 28th. Oddo Bhf set a CHF 18 price objective on ABB and gave the stock a sell rating in a research note on Friday, June 14th. Finally, Deutsche Bank set a $28.00 price objective on Colfax and gave the stock a hold rating in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €109.07 ($126.83).
Rheinmetall stock opened at €101.55 ($118.08) on Wednesday. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 38.88. The firm has a market capitalization of $4.36 billion and a price-to-earnings ratio of 13.90. The business has a fifty day simple moving average of €103.51. Rheinmetall has a 52 week low of €68.94 ($80.16) and a 52 week high of €110.85 ($128.90).
Rheinmetall AG manufactures and supplies 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.
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