Oddo Bhf set a €101.00 ($117.44) target price on Rheinmetall (ETR:RHM) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently issued reports on RHM. DZ Bank reaffirmed a buy rating on shares of Rheinmetall in a research note on Tuesday, December 18th. UBS Group set a €117.00 ($136.05) price target on shares of Rheinmetall and gave the stock a buy rating in a research note on Wednesday, December 19th. Kepler Capital Markets set a €111.00 ($129.07) price target on shares of Rheinmetall and gave the stock a buy rating in a research note on Friday, January 11th. Warburg Research set a €107.00 ($124.42) price target on shares of Rheinmetall and gave the stock a buy rating in a research note on Friday, March 1st. Finally, Independent Research set a €103.00 ($119.77) target price on shares of Rheinmetall and gave the stock a neutral rating in a research report on Friday, March 1st. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of €107.50 ($125.00).
Rheinmetall stock opened at €101.85 ($118.43) on Wednesday. Rheinmetall has a 12-month low of €68.94 ($80.16) and a 12-month high of €117.85 ($137.03). The firm has a market cap of $4.36 billion and a P/E ratio of 14.34. The company has a current ratio of 1.46, a quick ratio of 0.96 and a debt-to-equity ratio of 39.37.
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.
Featured Story: Municipal Bonds
Receive News & Ratings for Rheinmetall Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rheinmetall and related companies with MarketBeat.com's FREE daily email newsletter.