UBS AG set a €105.00 ($123.53) target price on Rheinmetall AG (ETR:RHM) in a report published on Friday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Several other research analysts also recently weighed in on the stock. DZ Bank AG restated a buy rating on shares of Rheinmetall AG in a report on Tuesday, August 29th. Nord/LB set a €100.00 ($117.65) price objective on shares of Rheinmetall AG and gave the stock a buy rating in a report on Wednesday, August 16th. equinet AG set a €102.00 ($120.00) price objective on shares of Rheinmetall AG and gave the stock a buy rating in a report on Tuesday, August 15th. Warburg Research set a €91.50 ($107.65) price objective on shares of Rheinmetall AG and gave the stock a neutral rating in a report on Tuesday, August 8th. Finally, Independent Research GmbH set a €92.00 ($108.24) price objective on shares of Rheinmetall AG and gave the stock a neutral rating in a report on Monday, August 7th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Rheinmetall AG has an average rating of Buy and a consensus price target of €97.15 ($114.29).
Shares of Rheinmetall AG (ETR:RHM) opened at 96.429 on Friday. Rheinmetall AG has a 52 week low of €60.50 and a 52 week high of €98.54. The firm has a market capitalization of €4.11 billion and a price-to-earnings ratio of 19.336. The firm has a 50-day moving average of €91.19 and a 200 day moving average of €86.46.
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Rheinmetall AG Company Profile
Rheinmetall AG provides automotive components and defense equipment in Germany and internationally. The companys 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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