Rheinmetall (RHM) Given a €130.00 Price Target at UBS Group

UBS Group set a €130.00 ($151.16) price target on Rheinmetall (ETR:RHM) in a research report sent to investors on Thursday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently weighed in on RHM. Oddo Bhf set a €115.00 ($133.72) target price on shares of Rheinmetall and gave the stock a neutral rating in a research note on Monday, August 6th. Warburg Research set a €117.00 ($136.05) target price on shares of Rheinmetall and gave the stock a buy rating in a research note on Monday, August 6th. Commerzbank set a €130.00 ($151.16) target price on shares of Rheinmetall and gave the stock a buy rating in a research note on Tuesday, September 4th. equinet set a €103.00 ($119.77) target price on shares of Rheinmetall and gave the stock a neutral rating in a research note on Thursday, August 2nd. Finally, Independent Research set a €100.00 ($116.28) target price on shares of Rheinmetall and gave the stock a neutral rating in a research note on Monday, September 10th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Buy and an average target price of €115.06 ($133.79).

Shares of ETR RHM opened at €91.70 ($106.63) on Thursday. Rheinmetall has a 1-year low of €71.11 ($82.69) and a 1-year high of €116.80 ($135.81).

Rheinmetall Company Profile

Rheinmetall Aktiengesellschaft 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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