Deutsche Bank set a €115.00 ($133.72) price target on Rheinmetall (ETR:RHM) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other analysts have also recently issued reports about the company. Independent Research set a €152.00 ($176.74) target price on Continental and gave the company a neutral rating in a report on Friday, May 10th. Warburg Research set a €47.00 ($54.65) target price on 1&1 Drillisch and gave the company a buy rating in a report on Tuesday, July 2nd. Oddo Bhf set a CHF 18 target price on ABB and gave the company a sell rating in a report on Friday, June 14th. DZ Bank restated a buy rating on shares of Rheinmetall in a report on Friday, March 29th. Finally, Kepler Capital Markets reiterated a hold rating on shares of Continental in a report on Friday, June 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. Rheinmetall currently has a consensus rating of Buy and a consensus target price of €109.07 ($126.83).
Shares of ETR:RHM opened at €103.00 ($119.77) on Wednesday. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 38.88. The company has a fifty day moving average of €102.95. The stock has a market cap of $4.42 billion and a PE ratio of 14.10. Rheinmetall has a 52-week low of €68.94 ($80.16) and a 52-week high of €110.85 ($128.90).
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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