Rheinmetall (RHM) PT Set at €106.00 by Independent Research

Rheinmetall (ETR:RHM) received a €106.00 ($123.26) price objective from research analysts at Independent Research in a research report issued on Friday. The firm presently has a “neutral” rating on the stock. Independent Research’s target price would indicate a potential upside of 6.34% from the company’s current price.

A number of other analysts have also recently commented on RHM. Commerzbank set a €130.00 ($151.16) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Tuesday, November 20th. UBS Group set a €117.00 ($136.05) price target on Rheinmetall and gave the stock a “buy” rating in a research note on Wednesday, November 21st. BNP Paribas set a €100.00 ($116.28) price target on Rheinmetall and gave the stock a “buy” rating in a research note on Thursday, November 22nd. Oddo Bhf set a €80.00 ($93.02) price target on Rheinmetall and gave the stock a “neutral” rating in a research note on Friday, November 23rd. Finally, Kepler Capital Markets set a €119.00 ($138.37) price target on Rheinmetall and gave the stock a “buy” rating in a research note on Tuesday, November 27th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of €106.86 ($124.25).

Rheinmetall stock opened at €99.68 ($115.91) on Friday. The company has a market capitalization of $4.22 billion and a PE ratio of 15.51. Rheinmetall has a 12 month low of €68.94 ($80.16) and a 12 month high of €119.35 ($138.78). The company has a debt-to-equity ratio of 41.31, a current ratio of 1.49 and a quick ratio of 0.76.

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.

Featured Article: What is the Dow Jones Industrial Average (DJIA)?

Analyst Recommendations for Rheinmetall (ETR:RHM)

Receive News & Ratings for Rheinmetall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rheinmetall and related companies with MarketBeat.com's FREE daily email newsletter.