Warburg Research set a €77.00 ($89.53) price objective on Rheinmetall (ETR:RHM) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on RHM. UBS Group set a €121.00 ($140.70) price objective on Rheinmetall and gave the stock a buy rating in a research report on Thursday, March 19th. Goldman Sachs Group set a €125.00 ($145.35) price objective on Rheinmetall and gave the stock a buy rating in a research report on Monday, March 2nd. Deutsche Bank set a €80.00 ($93.02) price objective on Rheinmetall and gave the stock a buy rating in a research report on Friday, March 20th. Nord/LB set a €70.00 ($81.40) price objective on Rheinmetall and gave the stock a neutral rating in a research report on Friday, March 13th. Finally, Kepler Capital Markets set a €105.00 ($122.09) price objective on Rheinmetall and gave the stock a neutral rating in a research report on Thursday, March 19th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Rheinmetall presently has an average rating of Buy and an average price target of €93.60 ($108.84).
Shares of RHM stock opened at €63.40 ($73.72) on Tuesday. The firm has a market capitalization of $2.73 billion and a P/E ratio of 8.71. Rheinmetall has a twelve month low of €63.94 ($74.35) and a twelve month high of €118.60 ($137.91). The company has a quick ratio of 0.74, a current ratio of 1.39 and a debt-to-equity ratio of 53.02. The stock’s fifty day simple moving average is €80.34 and its 200 day simple moving average is €99.39.
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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