Warburg Research Analysts Give Rheinmetall AG (RHM) a €91.50 Price Target
Rheinmetall AG (ETR:RHM) has been assigned a €91.50 ($107.65) target price by equities researchers at Warburg Research in a report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock.
A number of other brokerages also recently weighed in on RHM. HSBC Holdings plc set a €78.00 ($91.76) price target on Rheinmetall AG and gave the stock a “neutral” rating in a report on Friday, June 30th. UBS AG set a €92.30 ($108.59) price target on Rheinmetall AG and gave the stock a “buy” rating in a report on Thursday, August 3rd. S&P Global set a €100.00 ($117.65) price target on Rheinmetall AG and gave the stock a “buy” rating in a report on Thursday, August 3rd. Commerzbank Ag set a €67.00 ($78.82) price target on Rheinmetall AG and gave the stock a “neutral” rating in a report on Friday, June 16th. Finally, Kepler Capital Markets set a €88.00 ($103.53) price target on Rheinmetall AG and gave the stock a “neutral” rating in a report on Thursday, June 8th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Rheinmetall AG presently has a consensus rating of “Buy” and a consensus target price of €93.98 ($110.56).
Shares of Rheinmetall AG (ETR:RHM) traded up 1.07% during midday trading on Tuesday, hitting €88.10. The company had a trading volume of 250 shares. The stock’s 50-day moving average price is €86.15 and its 200-day moving average price is €80.44. Rheinmetall AG has a one year low of €60.50 and a one year high of €89.74. The stock has a market capitalization of €3.78 billion and a price-to-earnings ratio of 18.02.
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Rheinmetall AG Company Profile
Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment provides Combat Systems, including armored tracked vehicles, protection systems, propellants and powder and turret systems and weapon stations, Electronic Solutions, such as air defence systems, soldier systems, fire control systems and sensors, and Wheeled Vehicles, including wheeled logistics and wheeled tactical vehicles.
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