UBS Group Reiterates €110.00 Price Target for Rheinmetall (ETR:RHM)


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UBS Group set a €110.00 ($129.41) price target on Rheinmetall (ETR:RHM) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

RHM has been the subject of a number of other research reports. Morgan Stanley set a €104.00 ($122.35) target price on shares of Rheinmetall and gave the stock a buy rating in a research report on Wednesday, January 20th. Kepler Capital Markets set a €121.00 ($142.35) target price on shares of Rheinmetall and gave the stock a buy rating in a research report on Wednesday, March 24th. The Goldman Sachs Group set a €142.00 ($167.06) target price on shares of Rheinmetall and gave the stock a buy rating in a research report on Thursday, March 18th. Nord/LB set a €86.00 ($101.18) target price on shares of Rheinmetall and gave the stock a neutral rating in a research report on Thursday, April 8th. Finally, Independent Research set a €101.00 ($118.82) target price on shares of Rheinmetall and gave the stock a buy rating in a research report on Friday, March 19th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of €109.90 ($129.29).

Shares of Rheinmetall stock opened at €86.78 ($102.09) on Tuesday. The stock has a market capitalization of $3.75 billion and a P/E ratio of -139.36. The company has a quick ratio of 0.93, a current ratio of 1.50 and a debt-to-equity ratio of 49.83. The company has a 50-day simple moving average of €85.95 and a 200 day simple moving average of €81.52. Rheinmetall has a 12-month low of €56.38 ($66.33) and a 12-month high of €93.80 ($110.35).

About Rheinmetall

Rheinmetall AG manufactures and supplies automotive components and defense equipment in Germany and internationally. The company's automotive products include mechatronics, such as emissions reduction, actuators, and solenoid valves, as well as water, oil, and vacuum pumps; hard parts, 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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