Rheinmetall (ETR:RHM) Given a €77.00 Price Target by Warburg Research Analysts

Warburg Research set a €77.00 ($89.53) target price on Rheinmetall (ETR:RHM) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also commented on RHM. UBS Group set a €121.00 ($140.70) price objective on Rheinmetall and gave the stock a buy rating in a report on Thursday, March 19th. Goldman Sachs Group set a €125.00 ($145.35) price objective on Rheinmetall and gave the stock a buy rating in a report on Monday, March 2nd. Nord/LB set a €70.00 ($81.40) price objective on Rheinmetall and gave the stock a neutral rating in a report on Friday, March 13th. HSBC set a €86.00 ($100.00) price objective on Rheinmetall and gave the stock a buy rating in a report on Monday. Finally, DZ Bank reissued a buy rating on shares of Rheinmetall in a report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €93.60 ($108.84).

Shares of RHM opened at €63.40 ($73.72) on Tuesday. The company has a debt-to-equity ratio of 53.02, a quick ratio of 0.74 and a current ratio of 1.39. The stock has a 50 day moving average price of €80.34 and a two-hundred day moving average price of €99.39. The firm has a market capitalization of $2.73 billion and a P/E ratio of 8.71. Rheinmetall has a 52 week low of €63.94 ($74.35) and a 52 week high of €118.60 ($137.91).

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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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