Rheinmetall AG (RHM) Receives €109.43 Average PT from Analysts

Shares of Rheinmetall AG (ETR:RHM) have earned an average rating of “Buy” from the fifteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is €109.79 ($127.66).

A number of research firms recently weighed in on RHM. Warburg Research set a €113.00 ($131.40) price target on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, May 10th. Deutsche Bank set a €115.00 ($133.72) price target on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, May 10th. Independent Research set a €108.00 ($125.58) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, May 10th. Oddo Bhf set a €105.00 ($122.09) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, May 10th. Finally, Kepler Capital Markets set a €111.00 ($129.07) price target on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st.

RHM traded up €1.70 ($1.98) on Thursday, reaching €101.70 ($118.26). 87,175 shares of the company’s stock were exchanged, compared to its average volume of 160,244. The firm has a market capitalization of $4.35 billion and a PE ratio of 13.92. Rheinmetall has a twelve month low of €68.94 ($80.16) and a twelve month high of €115.75 ($134.59). The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 38.88.

Rheinmetall Company Profile

Rheinmetall AG manufactures and supplies 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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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