Rheinmetall (RHM) PT Set at €106.00 by Independent Research

Rheinmetall (ETR:RHM) has been given a €106.00 ($123.26) price target by research analysts at Independent Research in a research report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Independent Research’s target price points to a potential upside of 6.34% from the stock’s current price.

A number of other research firms have also recently weighed in on RHM. Warburg Research set a €107.00 ($124.42) price objective on Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Kepler Capital Markets set a €111.00 ($129.07) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Friday, March 1st. Oddo Bhf set a €91.00 ($105.81) target price on Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, March 1st. UBS Group set a €117.00 ($136.05) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Friday, March 1st. Finally, Deutsche Bank set a €115.00 ($133.72) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €106.86 ($124.25).

Rheinmetall stock opened at €99.68 ($115.91) on Friday. Rheinmetall has a twelve month low of €68.94 ($80.16) and a twelve month high of €119.35 ($138.78). The company has a quick ratio of 0.76, a current ratio of 1.49 and a debt-to-equity ratio of 41.31. The company has a market cap of $4.22 billion and a price-to-earnings ratio of 15.51.

Rheinmetall Company Profile

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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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