Rheinmetall (ETR:RHM) has been given a €110.00 ($127.91) target price by analysts at HSBC in a research note issued on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. HSBC’s target price suggests a potential upside of 13.45% from the company’s previous close.
Other equities research analysts have also recently issued research reports about the stock. Warburg Research set a €102.00 ($118.60) price objective on shares of Rheinmetall and gave the company a “neutral” rating in a research report on Friday, November 22nd. Kepler Capital Markets set a €106.00 ($123.26) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a research report on Thursday, November 21st. Independent Research set a €103.00 ($119.77) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Friday, November 22nd. Oddo Bhf set a €87.00 ($101.16) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Friday, November 22nd. Finally, UBS Group set a €128.00 ($148.84) price target on shares of Rheinmetall and gave the company a “buy” rating in a report on Thursday, November 21st. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €108.11 ($125.71).
ETR RHM opened at €96.96 ($112.74) on Monday. Rheinmetall has a 12 month low of €74.26 ($86.35) and a 12 month high of €118.60 ($137.91). The company has a current ratio of 1.39, a quick ratio of 0.74 and a debt-to-equity ratio of 53.02. The stock has a market cap of $4.18 billion and a PE ratio of 13.32. The stock’s 50 day moving average is €103.35 and its 200 day moving average is €106.04.
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.
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