UBS Group set a €130.00 ($154.76) target price on Rheinmetall (ETR:RHM) in a report released on Wednesday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

A number of other research firms also recently issued reports on RHM. Commerzbank set a €105.00 ($125.00) price objective on shares of Rheinmetall and gave the company a buy rating in a research note on Wednesday, November 22nd. Oddo Bhf set a €122.00 ($145.24) price objective on shares of Rheinmetall and gave the company a buy rating in a research note on Tuesday, November 7th. DZ Bank reiterated a buy rating on shares of Rheinmetall in a research note on Friday, November 10th. equinet set a €107.00 ($127.38) price objective on shares of Rheinmetall and gave the company a buy rating in a research note on Monday, October 9th. Finally, Nord/LB set a €116.00 ($138.10) price objective on shares of Rheinmetall and gave the company a buy rating in a research note on Wednesday, November 22nd. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Rheinmetall currently has an average rating of Buy and a consensus target price of €109.88 ($130.82).

Rheinmetall (RHM) opened at €111.50 ($132.74) on Wednesday. Rheinmetall has a one year low of €63.96 ($76.14) and a one year high of €115.45 ($137.44). The stock has a market cap of $4,860.00 and a P/E ratio of 22.76.

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Rheinmetall 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 (ETR:RHM)

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