Rheinmetall (ETR:RHM)‘s stock had its “buy” rating reiterated by investment analysts at DZ Bank in a research note issued on Thursday, Borsen Zeitung reports.
RHM has been the subject of a number of other reports. UBS Group set a €128.00 ($148.84) price objective on Rheinmetall and gave the stock a “buy” rating in a research report on Tuesday. Independent Research set a €103.00 ($119.77) price objective on Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, November 22nd. Warburg Research set a €102.00 ($118.60) price objective on Rheinmetall and gave the stock a “neutral” rating in a research report on Friday, November 22nd. Deutsche Bank set a €105.00 ($122.09) price target on Rheinmetall and gave the company a “neutral” rating in a report on Friday, November 22nd. Finally, Oddo Bhf set a €87.00 ($101.16) price target on Rheinmetall and gave the company a “neutral” rating in a report on Friday, November 22nd. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €108.11 ($125.71).
Shares of Rheinmetall stock opened at €97.04 ($112.84) on Thursday. Rheinmetall has a one year low of €74.26 ($86.35) and a one year high of €118.60 ($137.91). The company has a market cap of $4.19 billion and a PE ratio of 13.33. The company has a debt-to-equity ratio of 53.02, a quick ratio of 0.74 and a current ratio of 1.39. The business has a 50-day simple moving average of €102.48 and a 200-day simple moving average of €105.94.
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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