UBS Group Analysts Give Rheinmetall (RHM) a €117.00 Price Target

Rheinmetall (ETR:RHM) has been assigned a €117.00 ($136.05) price objective by analysts at UBS Group in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 14.82% from the company’s current price.

RHM has been the subject of a number of other research reports. Warburg Research set a €112.00 ($130.23) price target on shares of Rheinmetall and gave the company a “buy” rating in a research note on Monday, March 18th. DZ Bank restated a “buy” rating on shares of Rheinmetall in a research note on Friday, March 29th. Oddo Bhf set a €103.00 ($119.77) price target on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Friday, March 22nd. Nord/LB set a €110.00 ($127.91) price target on shares of Rheinmetall and gave the company a “buy” rating in a research note on Tuesday, March 26th. Finally, Kepler Capital Markets set a €111.00 ($129.07) price target on shares of Rheinmetall and gave the company a “buy” rating in a research note on Wednesday, April 10th. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Rheinmetall has a consensus rating of “Buy” and a consensus price target of €107.50 ($125.00).

Shares of RHM stock opened at €101.90 ($118.49) on Thursday. The firm has a market cap of $4.36 billion and a price-to-earnings ratio of 14.35. The company has a debt-to-equity ratio of 39.37, a current ratio of 1.46 and a quick ratio of 0.96. Rheinmetall has a 12 month low of €68.94 ($80.16) and a 12 month high of €117.85 ($137.03).

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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