Rheinmetall (ETR:RHM) Given a €128.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €128.00 ($148.84) price objective on Rheinmetall (ETR:RHM) in a report published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued reports about the company. Independent Research set a €103.00 ($119.77) target price on Rheinmetall and gave the stock a neutral rating in a report on Friday, November 22nd. Deutsche Bank set a €105.00 ($122.09) target price on Rheinmetall and gave the stock a neutral rating in a report on Friday, November 22nd. Berenberg Bank set a €110.00 ($127.91) target price on Rheinmetall and gave the stock a neutral rating in a report on Monday, November 11th. Nord/LB set a €122.00 ($141.86) target price on Rheinmetall and gave the stock a buy rating in a report on Tuesday, November 19th. Finally, Kepler Capital Markets set a €106.00 ($123.26) target price on Rheinmetall and gave the stock a neutral rating in a report on Thursday, November 21st. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €110.10 ($128.02).

Shares of ETR:RHM traded up €0.50 ($0.58) during trading on Friday, reaching €104.75 ($121.80). 122,371 shares of the company traded hands, compared to its average volume of 160,244. The company’s 50 day moving average is €101.08 and its two-hundred day moving average is €106.06. The firm has a market capitalization of $4.50 billion and a PE ratio of 14.39. The company has a quick ratio of 0.74, a current ratio of 1.39 and a debt-to-equity ratio of 53.02. Rheinmetall has a 52 week low of €81.14 ($94.35) and a 52 week high of €118.60 ($137.91).

About Rheinmetall

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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Analyst Recommendations for Rheinmetall (ETR:RHM)

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