Rheinmetall AG (ETR:RHM) received a €105.00 ($123.53) target price from stock analysts at UBS AG in a research report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.

RHM has been the subject of a number of other reports. Berenberg Bank set a €98.00 ($115.29) price target on Rheinmetall AG and gave the company a “buy” rating in a research note on Friday, August 4th. HSBC Holdings plc set a €85.00 ($100.00) price target on Rheinmetall AG and gave the company a “neutral” rating in a research note on Friday, August 4th. Independent Research GmbH set a €92.00 ($108.24) price target on Rheinmetall AG and gave the company a “neutral” rating in a research note on Monday, August 7th. Warburg Research set a €91.50 ($107.65) price target on Rheinmetall AG and gave the company a “neutral” rating in a research note on Tuesday, August 8th. Finally, equinet AG set a €102.00 ($120.00) price target on Rheinmetall AG and gave the company a “buy” rating in a research note on Tuesday, August 15th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Rheinmetall AG presently has an average rating of “Buy” and an average price target of €96.65 ($113.71).

Shares of Rheinmetall AG (RHM) opened at 98.462 on Friday. Rheinmetall AG has a 52-week low of €60.50 and a 52-week high of €98.54. The company has a market cap of €4.19 billion and a P/E ratio of 19.744. The company has a 50-day moving average price of €90.91 and a 200-day moving average price of €86.03.

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Rheinmetall AG Company Profile

Rheinmetall AG provides 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.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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