Analysts Set Rheinmetall AG (ETR:RHM) Price Target at €109.07

Shares of Rheinmetall AG (ETR:RHM) have been assigned an average rating of “Buy” from the fifteen analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is €109.07 ($126.83).

A number of equities research analysts have issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 340 ($4.44) price objective on shares of Stock Spirits Group in a research report on Tuesday, May 14th. Deutsche Bank set a $28.00 price objective on Colfax and gave the company a “hold” rating in a research report on Wednesday. Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the company a “neutral” rating in a research report on Tuesday, May 21st. DZ Bank reaffirmed a “buy” rating on shares of Rheinmetall in a research note on Friday, March 29th. Finally, Oddo Bhf set a CHF 18 target price on ABB and gave the company a “sell” rating in a research note on Friday, June 14th.

RHM stock traded down €0.30 ($0.35) during midday trading on Friday, reaching €103.00 ($119.77). 142,579 shares of the company traded hands, compared to its average volume of 160,244. Rheinmetall has a 52-week low of €68.94 ($80.16) and a 52-week high of €110.85 ($128.90). The company has a quick ratio of 0.86, a current ratio of 1.48 and a debt-to-equity ratio of 38.88. The stock’s 50 day simple moving average is €102.88. The firm has a market cap of $4.42 billion and a price-to-earnings ratio of 14.10.

About Rheinmetall

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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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