Rheinmetall (ETR:RHM) has been given a €111.00 ($129.07) price objective by investment analysts at Kepler Capital Markets in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target would indicate a potential upside of 36.53% from the company’s current price.
RHM has been the topic of several other research reports. Cfra set a €85.00 ($98.84) target price on Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, November 9th. BNP Paribas set a €100.00 ($116.28) price objective on Rheinmetall and gave the stock a “buy” rating in a research report on Thursday, November 22nd. Oddo Bhf set a €80.00 ($93.02) price objective on Rheinmetall and gave the stock a “neutral” rating in a research report on Monday, December 3rd. Commerzbank set a €130.00 ($151.16) price objective on Rheinmetall and gave the stock a “buy” rating in a research report on Tuesday, November 20th. Finally, UBS Group set a €117.00 ($136.05) price objective on Rheinmetall and gave the stock a “buy” rating in a research report on Monday, December 3rd. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of €102.64 ($119.35).
ETR:RHM opened at €81.30 ($94.53) on Friday. Rheinmetall has a 1 year low of €71.11 ($82.69) and a 1 year high of €116.80 ($135.81).
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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