Rheinmetall (ETR:RHM) Given a €128.00 Price Target at UBS Group

UBS Group set a €128.00 ($148.84) price objective on Rheinmetall (ETR:RHM) in a research report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

RHM has been the subject of several other research reports. Nord/LB set a €122.00 ($141.86) price target on shares of Rheinmetall and gave the stock a buy rating in a research report on Monday, August 5th. Deutsche Bank set a €115.00 ($133.72) price target on shares of Rheinmetall and gave the stock a neutral rating in a research report on Friday, November 8th. DZ Bank reaffirmed a neutral rating on shares of Rheinmetall in a research report on Monday, September 9th. Kepler Capital Markets set a €120.00 ($139.53) price target on shares of Rheinmetall and gave the stock a neutral rating in a research report on Thursday, November 7th. Finally, Berenberg Bank set a €110.00 ($127.91) price target on shares of Rheinmetall and gave the stock a neutral rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €113.55 ($132.03).

Shares of RHM remained flat at $€103.05 ($119.83) on Tuesday. 84,708 shares of the company traded hands, compared to its average volume of 160,244. Rheinmetall has a fifty-two week low of €73.12 ($85.02) and a fifty-two week high of €118.60 ($137.91). The company has a quick ratio of 0.79, a current ratio of 1.41 and a debt-to-equity ratio of 50.61. The firm has a 50-day moving average price of €110.25 and a 200 day moving average price of €106.44. The stock has a market cap of $4.43 billion and a price-to-earnings ratio of 13.29.

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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