Rheinmetall (ETR:RHM) PT Set at €86.00 by Nord/LB


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Rheinmetall (ETR:RHM) has been given a €86.00 ($101.18) price target by equities researchers at Nord/LB in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s price objective suggests a potential downside of 4.32% from the company’s current price.

Several other analysts also recently weighed in on RHM. Deutsche Bank Aktiengesellschaft set a €120.00 ($141.18) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 19th. Independent Research set a €101.00 ($118.82) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 19th. Kepler Capital Markets set a €121.00 ($142.35) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Wednesday, March 24th. UBS Group set a €110.00 ($129.41) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 19th. Finally, Berenberg Bank set a €110.00 ($129.41) price objective on shares of Rheinmetall and gave the stock a “buy” rating in a research report on Friday, March 19th. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €109.90 ($129.29).

ETR RHM opened at €89.88 ($105.74) on Thursday. The company has a quick ratio of 0.93, a current ratio of 1.50 and a debt-to-equity ratio of 49.83. Rheinmetall has a 52 week low of €56.38 ($66.33) and a 52 week high of €93.80 ($110.35). The stock has a market capitalization of $3.88 billion and a PE ratio of -143.81. The firm has a 50 day moving average of €85.46 and a two-hundred day moving average of €81.24.

About Rheinmetall

Rheinmetall AG manufactures and supplies automotive components and defense equipment in Germany and internationally. The company's automotive products include mechatronics, such as emissions reduction, actuators, and solenoid valves, as well as water, oil, and vacuum pumps; hard parts, 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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