Rheinmetall AG (RHM) PT Set at €92.00 by Independent Research GmbH
Rheinmetall AG (ETR:RHM) received a €92.00 ($108.24) price target from equities research analysts at Independent Research GmbH in a note issued to investors on Monday. The firm currently has a “neutral” rating on the stock.
Several other equities research analysts have also issued reports on RHM. UBS AG set a €92.30 ($108.59) price objective on Rheinmetall AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €88.00 ($103.53) price objective on Rheinmetall AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. Commerzbank Ag set a €67.00 ($78.82) price objective on Rheinmetall AG and gave the company a “neutral” rating in a research note on Friday, June 16th. HSBC Holdings plc set a €78.00 ($91.76) price objective on Rheinmetall AG and gave the company a “neutral” rating in a research note on Friday, June 30th. Finally, S&P Global set a €100.00 ($117.65) price objective on Rheinmetall AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Rheinmetall AG has a consensus rating of “Buy” and a consensus target price of €93.98 ($110.56).
Rheinmetall AG (ETR RHM) opened at 88.027 on Monday. The stock has a market capitalization of €3.77 billion and a PE ratio of 18.009. Rheinmetall AG has a 52 week low of €60.50 and a 52 week high of €89.74. The firm has a 50-day moving average price of €86.20 and a 200-day moving average price of €80.57.
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Rheinmetall AG Company Profile
Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment provides Combat Systems, including armored tracked vehicles, protection systems, propellants and powder and turret systems and weapon stations, Electronic Solutions, such as air defence systems, soldier systems, fire control systems and sensors, and Wheeled Vehicles, including wheeled logistics and wheeled tactical vehicles.
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