HSBC Analysts Give Rheinmetall (RHM) a €101.00 Price Target

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HSBC set a €101.00 ($117.44) target price on Rheinmetall (ETR:RHM) in a research report report published on Friday. The firm currently has a buy rating on the stock.

RHM has been the subject of several other research reports. equinet set a €103.00 ($119.77) target price on Rheinmetall and gave the stock a neutral rating in a research note on Thursday, August 2nd. Deutsche Bank set a €106.00 ($123.26) price objective on Rheinmetall and gave the company a neutral rating in a research note on Friday, August 3rd. Oddo Bhf set a €115.00 ($133.72) price objective on Rheinmetall and gave the company a neutral rating in a research note on Monday, August 6th. Commerzbank set a €130.00 ($151.16) price objective on Rheinmetall and gave the company a buy rating in a research note on Tuesday, September 4th. Finally, Berenberg Bank set a €130.00 ($151.16) price objective on Rheinmetall and gave the company a buy rating in a research note on Tuesday, August 7th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Rheinmetall has a consensus rating of Buy and a consensus price target of €108.36 ($126.00).

RHM stock traded up €0.80 ($0.93) during trading on Friday, hitting €79.10 ($91.98). 424,086 shares of the company’s stock were exchanged, compared to its average volume of 160,244. Rheinmetall has a 52-week low of €71.11 ($82.69) and a 52-week high of €116.80 ($135.81).

Rheinmetall Company Profile

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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