Oddo Bhf set a €122.00 ($145.24) price objective on Rheinmetall (ETR:RHM) in a report issued on Wednesday, November 22nd. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts also recently weighed in on RHM. Independent Research set a €92.00 ($109.52) target price on Rheinmetall and gave the company a neutral rating in a report on Monday, August 7th. equinet set a €102.00 ($121.43) target price on Rheinmetall and gave the company a buy rating in a report on Tuesday, August 15th. set a €100.00 ($119.05) target price on Rheinmetall and gave the company a neutral rating in a report on Wednesday, November 8th. Warburg Research set a €91.50 ($108.93) target price on Rheinmetall and gave the company a neutral rating in a report on Tuesday, August 8th. Finally, UBS set a €105.00 ($125.00) target price on Rheinmetall and gave the company a buy rating in a report on Friday, October 6th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of €106.38 ($126.64).
Shares of Rheinmetall (ETR RHM) traded up €0.10 ($0.12) during mid-day trading on Wednesday, reaching €104.10 ($123.93). 115,835 shares of the company traded hands, compared to its average volume of 136,734. Rheinmetall has a 12-month low of €62.46 ($74.36) and a 12-month high of €108.20 ($128.81).
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Rheinmetall Company Profile
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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