Shares of Rheinmetall AG (ETR:RHM) have been given a consensus recommendation of “Buy” by the thirteen ratings firms that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is €106.38 ($126.64).

A number of equities research analysts have weighed in on RHM shares. equinet set a €102.00 ($121.43) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Tuesday, August 15th. set a €100.00 ($119.05) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Independent Research set a €111.00 ($132.14) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Tuesday, November 28th. Oddo Bhf set a €122.00 ($145.24) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Tuesday, November 7th. Finally, Nord/LB set a €116.00 ($138.10) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Wednesday, November 22nd.

Rheinmetall (ETR:RHM) opened at €104.95 ($124.94) on Thursday. Rheinmetall has a 1-year low of €62.46 ($74.36) and a 1-year high of €108.20 ($128.81).

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Rheinmetall 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 (ETR:RHM)

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