Rheinmetall (ETR:RHM) Given a €130.00 Price Target by Commerzbank Analysts

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Commerzbank set a €130.00 ($151.16) price objective on Rheinmetall (ETR:RHM) in a report released on Tuesday, October 16th. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the company. DZ Bank restated a buy rating on shares of Rheinmetall in a research note on Thursday, July 19th. Oddo Bhf set a €115.00 ($133.72) price objective on Rheinmetall and gave the stock a neutral rating in a research note on Thursday, July 19th. equinet set a €103.00 ($119.77) price target on Rheinmetall and gave the stock a neutral rating in a research note on Thursday, August 2nd. Kepler Capital Markets set a €121.00 ($140.70) price target on Rheinmetall and gave the stock a buy rating in a research note on Friday, August 3rd. Finally, Cfra set a €110.00 ($127.91) price objective on shares of Rheinmetall and gave the company a neutral rating in a report on Friday, August 3rd. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €108.36 ($126.00).

Shares of ETR RHM traded up €0.80 ($0.93) during midday trading on Tuesday, hitting €79.10 ($91.98). 424,086 shares of the stock traded hands, compared to its average volume of 160,244. Rheinmetall has a one year low of €71.11 ($82.69) and a one year high of €116.80 ($135.81).

About Rheinmetall

Rheinmetall Aktiengesellschaft 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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