Analysts Set Rheinmetall AG (RHM) Price Target at $109.43

Rheinmetall AG (ETR:RHM) has earned a consensus rating of “Buy” from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is €109.43 ($127.24).

RHM has been the topic of several research analyst reports. UBS Group set a €117.00 ($136.05) target price on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Warburg Research set a €107.00 ($124.42) target price on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 1st. Kepler Capital Markets set a €111.00 ($129.07) price target on Rheinmetall and gave the stock a “buy” rating in a research note on Friday, March 1st. Independent Research set a €103.00 ($119.77) price target on Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, March 1st. Finally, Oddo Bhf set a €91.00 ($105.81) price target on Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, March 1st.

Shares of ETR RHM traded down €1.80 ($2.09) during trading on Thursday, hitting €101.75 ($118.31). 116,311 shares of the company were exchanged, compared to its average volume of 160,244. The firm has a market capitalization of $4.35 billion and a P/E ratio of 13.93. Rheinmetall has a 1 year low of €68.94 ($80.16) and a 1 year high of €115.75 ($134.59). The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.86 and a current ratio of 1.48.

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 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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