Rheinmetall (ETR:RHM) has been assigned a €135.00 ($166.67) price target by Commerzbank in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Commerzbank’s target price points to a potential upside of 24.54% from the company’s current price.
RHM has been the topic of several other research reports. set a €100.00 ($123.46) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Independent Research set a €109.00 ($134.57) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Deutsche Bank set a €90.00 ($111.11) price objective on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, October 20th. Oddo Bhf set a €122.00 ($150.62) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Finally, S&P Global set a €120.00 ($148.15) price objective on shares of 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 stock. The company has a consensus rating of “Buy” and a consensus price target of €112.27 ($138.60).
Shares of Rheinmetall (ETR RHM) opened at €108.40 ($133.83) on Tuesday. Rheinmetall has a 1 year low of €66.59 ($82.21) and a 1 year high of €116.50 ($143.83). The firm has a market cap of $4,720.00 and a price-to-earnings ratio of 22.12.
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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.
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