UBS Group Analysts Give Rheinmetall (ETR:RHM) a €110.00 Price Target

UBS Group set a €110.00 ($129.41) price target on Rheinmetall (ETR:RHM) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other brokerages also recently issued reports on RHM. Morgan Stanley set a €104.00 ($122.35) target price on shares of Rheinmetall and gave the company a buy rating in a research note on Wednesday, January 20th. Berenberg Bank set a €110.00 ($129.41) target price on shares of Rheinmetall and gave the company a buy rating in a research note on Friday, May 7th. Warburg Research set a €120.00 ($141.18) target price on shares of Rheinmetall and gave the company a buy rating in a research note on Friday, May 7th. Deutsche Bank Aktiengesellschaft set a €120.00 ($141.18) target price on shares of Rheinmetall and gave the company a buy rating in a research note on Friday, May 7th. Finally, Kepler Capital Markets set a €125.00 ($147.06) price target on shares of Rheinmetall and gave the company a buy rating in a report on Monday, May 10th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Rheinmetall presently has a consensus rating of Buy and an average price target of €112.11 ($131.90).

Rheinmetall stock opened at €86.06 ($101.25) on Thursday. Rheinmetall has a one year low of €58.66 ($69.01) and a one year high of €93.80 ($110.35). The company has a market cap of $3.72 billion and a price-to-earnings ratio of 411.77. The firm has a 50-day moving average of €87.27 and a 200-day moving average of €83.37. The company has a debt-to-equity ratio of 45.48, a current ratio of 1.48 and a quick ratio of 0.85.

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 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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