Rheinmetall AG (RHM) Given Average Rating of “Buy” by Brokerages

Rheinmetall AG (ETR:RHM) has received a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is €109.79 ($127.66).

RHM has been the subject of a number of analyst reports. UBS Group set a €117.00 ($136.05) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Warburg Research set a €107.00 ($124.42) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Kepler Capital Markets set a €111.00 ($129.07) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Independent Research set a €103.00 ($119.77) price objective on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, March 1st. Finally, Oddo Bhf set a €91.00 ($105.81) price target on shares of Rheinmetall and gave the company a “neutral” rating in a report on Friday, March 1st.

Rheinmetall stock traded up €1.70 ($1.98) during trading hours on Thursday, reaching €101.70 ($118.26). 87,175 shares of the stock were exchanged, compared to its average volume of 160,244. The company has a market cap of $4.35 billion and a P/E ratio of 13.92. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.86 and a current ratio of 1.48. Rheinmetall has a 52-week low of €68.94 ($80.16) and a 52-week high of €115.75 ($134.59).

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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