Rheinmetall (ETR:RHM) PT Set at €125.00 by Goldman Sachs Group

Rheinmetall (ETR:RHM) received a €125.00 ($145.35) price target from equities researchers at Goldman Sachs Group in a research report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s target price indicates a potential upside of 28.07% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. HSBC set a €110.00 ($127.91) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Monday, December 9th. Kepler Capital Markets set a €106.00 ($123.26) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Thursday, November 21st. Berenberg Bank set a €110.00 ($127.91) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Monday, November 11th. Warburg Research set a €102.00 ($118.60) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, November 22nd. Finally, Nord/LB set a €122.00 ($141.86) target price on shares of Rheinmetall and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €109.80 ($127.67).

Shares of RHM stock opened at €97.60 ($113.49) on Thursday. The stock has a market cap of $4.20 billion and a P/E ratio of 13.41. The company has a debt-to-equity ratio of 53.02, a current ratio of 1.39 and a quick ratio of 0.74. The company has a fifty day moving average price of €101.69 and a two-hundred day moving average price of €105.44. Rheinmetall has a one year low of €90.50 ($105.23) and a one year high of €118.60 ($137.91).

Rheinmetall Company Profile

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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