Rheinmetall (ETR:RHM) has been assigned a €108.00 ($133.33) price target by equities researchers at Kepler Capital Markets in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective suggests a potential downside of 0.51% from the company’s current price.
RHM has been the subject of a number of other reports. Independent Research set a €111.00 ($137.04) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Tuesday, November 28th. Commerzbank set a €120.00 ($148.15) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Friday, January 12th. Deutsche Bank set a €106.00 ($130.86) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Tuesday, January 23rd. Berenberg Bank set a €125.00 ($154.32) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Monday, February 12th. Finally, UBS Group set a €130.00 ($160.49) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Tuesday, February 13th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of €116.14 ($143.39).
Shares of Rheinmetall (ETR:RHM) opened at €108.55 ($134.01) on Wednesday. The stock has a market cap of $4,730.00 and a price-to-earnings ratio of 22.15. Rheinmetall has a one year low of €71.11 ($87.79) and a one year high of €116.80 ($144.20).
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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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