Warburg Research set a €113.00 ($131.40) target price on Rheinmetall (ETR:RHM) in a report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also recently weighed in on the company. Oddo Bhf set a €105.00 ($122.09) price target on Rheinmetall and gave the company a neutral rating in a report on Friday. Independent Research set a €108.00 ($125.58) price target on Rheinmetall and gave the company a neutral rating in a report on Friday. UBS Group set a €117.00 ($136.05) price target on Rheinmetall and gave the company a buy rating in a report on Thursday, May 9th. Kepler Capital Markets set a €111.00 ($129.07) price target on Rheinmetall and gave the company a buy rating in a report on Thursday, May 9th. Finally, Deutsche Bank set a €115.00 ($133.72) price target on Rheinmetall and gave the company a buy rating in a report on Friday, April 12th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of €108.00 ($125.58).
ETR RHM opened at €98.36 ($114.37) on Friday. The firm has a market cap of $4.21 billion and a PE ratio of 13.47. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 38.88. Rheinmetall has a 1-year low of €68.94 ($80.16) and a 1-year high of €115.75 ($134.59).
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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