Rheinmetall AG (ETR:RHM) received a €122.00 ($143.53) price objective from research analysts at Oddo Bhf in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Oddo Bhf’s price objective suggests a potential upside of 18.27% from the company’s previous close.
A number of other equities analysts have also commented on the company. DZ Bank AG reiterated a “buy” rating on shares of Rheinmetall AG in a research note on Tuesday, August 29th. set a €100.00 ($117.65) price objective on Rheinmetall AG and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Independent Research GmbH set a €109.00 ($128.24) price objective on Rheinmetall AG and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Deutsche Bank AG set a €90.00 ($105.88) price objective on Rheinmetall AG and gave the stock a “neutral” rating in a research note on Friday, October 20th. Finally, equinet AG set a €107.00 ($125.88) price objective on Rheinmetall AG and gave the stock a “buy” rating in a research note on Monday, October 9th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €103.21 ($121.42).
Rheinmetall AG (ETR RHM) opened at €103.15 ($121.35) on Wednesday. Rheinmetall AG has a 1-year low of €62.46 ($73.48) and a 1-year high of €107.65 ($126.65).
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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