UBS Analysts Give Rheinmetall (RHM) a €105.00 Price Target
Rheinmetall (ETR:RHM) has been assigned a €105.00 ($125.00) price objective by analysts at UBS in a report issued on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS’s price objective would indicate a potential upside of 1.16% from the company’s previous close.
Other research analysts also recently issued reports about the company. equinet set a €107.00 ($127.38) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Monday, October 9th. DZ Bank reiterated a “buy” rating on shares of Rheinmetall in a research note on Tuesday, August 29th. Nord/LB set a €100.00 ($119.05) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Oddo Bhf set a €122.00 ($145.24) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Finally, S&P Global set a €120.00 ($142.86) target price on Rheinmetall and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Rheinmetall currently has a consensus rating of “Buy” and a consensus price target of €106.81 ($127.15).
Rheinmetall (ETR RHM) opened at €103.80 ($123.57) on Tuesday. Rheinmetall has a one year low of €62.46 ($74.36) and a one year high of €108.63 ($129.32).
Rheinmetall Company Profile
Rheinmetall AG provides automotive components and defense equipment in Germany and internationally. The companys 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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