Several other research firms also recently weighed in on RHM. UBS Group set a €130.00 ($151.16) target price on Rheinmetall and gave the company a buy rating in a research report on Thursday, July 26th. Oddo Bhf set a €115.00 ($133.72) target price on Rheinmetall and gave the company a neutral rating in a research report on Monday, August 6th. Warburg Research set a €117.00 ($136.05) target price on Rheinmetall and gave the company a buy rating in a research report on Monday, August 6th. Commerzbank set a €130.00 ($151.16) price objective on Rheinmetall and gave the stock a buy rating in a research report on Tuesday, September 4th. Finally, equinet set a €103.00 ($119.77) price objective on Rheinmetall and gave the stock a neutral rating in a research report on Thursday, August 2nd. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Buy and an average target price of €108.36 ($126.00).
ETR RHM traded up €0.80 ($0.93) during trading on Friday, hitting €79.10 ($91.98). The stock had a trading volume of 424,086 shares, compared to its average volume of 160,244. Rheinmetall has a twelve month low of €71.11 ($82.69) and a twelve month high of €116.80 ($135.81).
Rheinmetall Aktiengesellschaft 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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