Deutsche Bank set a €115.00 ($133.72) price objective on Rheinmetall (ETR:RHM) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts also recently commented on the company. Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the company a neutral rating in a research report on Tuesday, May 21st. Oddo Bhf set a CHF 18 price objective on ABB and gave the company a sell rating in a research report on Friday, June 14th. HSBC set a $122.00 price objective on Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Kepler Capital Markets reaffirmed a hold rating on shares of Continental in a report on Friday, June 28th. Finally, Warburg Research set a €47.00 ($54.65) target price on 1&1 Drillisch and gave the stock a buy rating in a report on Tuesday, July 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €109.07 ($126.83).
Shares of Rheinmetall stock traded down €0.55 ($0.64) during trading hours on Wednesday, hitting €103.30 ($120.12). The company’s stock had a trading volume of 194,079 shares, compared to its average volume of 160,244. The stock has a 50 day moving average price of €102.88. Rheinmetall has a 12-month low of €68.94 ($80.16) and a 12-month high of €110.85 ($128.90). The firm has a market cap of $4.43 billion and a P/E ratio of 14.14. 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 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.
Featured Article: What is Forex?
Receive News & Ratings for Rheinmetall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rheinmetall and related companies with MarketBeat.com's FREE daily email newsletter.