DZ Bank AG reissued their buy rating on shares of Rheinmetall AG (ETR:RHM) in a research note issued to investors on Friday.

A number of other equities analysts have also issued reports on RHM. Commerzbank Ag set a €105.00 ($122.09) target price on Rheinmetall AG and gave the company a buy rating in a research report on Wednesday, July 19th. UBS AG set a €92.30 ($107.33) target price on Rheinmetall AG and gave the company a buy rating in a research report on Thursday, August 3rd. S&P Global set a €100.00 ($116.28) target price on Rheinmetall AG and gave the company a buy rating in a research report on Thursday, August 3rd. HSBC Holdings plc set a €85.00 ($98.84) target price on Rheinmetall AG and gave the company a neutral rating in a research report on Friday, August 4th. Finally, Berenberg Bank set a €98.00 ($113.95) target price on Rheinmetall AG and gave the company a buy rating in a research report on Friday, August 4th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of Buy and an average price target of €103.21 ($120.01).

Shares of Rheinmetall AG (RHM) traded down €1.22 ($1.42) on Friday, hitting €99.43 ($115.62). The company’s stock had a trading volume of 203,129 shares, compared to its average volume of 121,299. Rheinmetall AG has a one year low of €62.04 ($72.14) and a one year high of €106.46 ($123.79).

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Rheinmetall AG Company Profile

Rheinmetall AG provides 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.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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