Rheinmetall (ETR:RHM) Given a €110.00 Price Target by HSBC Analysts

Rheinmetall (ETR:RHM) received a €110.00 ($127.91) target price from analysts at HSBC in a research report issued on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. HSBC’s price objective would indicate a potential upside of 13.57% from the stock’s previous close.

RHM has been the topic of several other reports. Kepler Capital Markets set a €106.00 ($123.26) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Thursday, November 21st. Nord/LB set a €122.00 ($141.86) price objective on shares of Rheinmetall and gave the company a “buy” rating in a research note on Tuesday, November 19th. Independent Research set a €103.00 ($119.77) price objective on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Friday, November 22nd. DZ Bank restated a “neutral” rating on shares of Rheinmetall in a research note on Monday, September 9th. Finally, Berenberg Bank set a €110.00 ($127.91) price objective on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Monday, November 11th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Rheinmetall currently has an average rating of “Hold” and an average target price of €108.11 ($125.71).

Shares of ETR:RHM opened at €96.86 ($112.63) on Monday. The company’s fifty day moving average price is €102.67 and its 200 day moving average price is €105.95. Rheinmetall has a 12 month low of €74.26 ($86.35) and a 12 month high of €118.60 ($137.91). The company has a debt-to-equity ratio of 53.02, a current ratio of 1.39 and a quick ratio of 0.74. The firm has a market capitalization of $4.16 billion and a P/E ratio of 13.31.

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 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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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