Rheinmetall (ETR:RHM) has been given a €130.00 ($160.49) target price by investment analysts at UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 20.87% from the stock’s previous close.

A number of other research firms have also recently issued reports on RHM. Deutsche Bank set a €106.00 ($130.86) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Tuesday, January 23rd. Commerzbank set a €120.00 ($148.15) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Friday, January 12th. Berenberg Bank set a €125.00 ($154.32) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Monday. Independent Research set a €111.00 ($137.04) price objective on Rheinmetall and gave the company a “neutral” rating in a research report on Tuesday, November 28th. Finally, Oddo Bhf set a €122.00 ($150.62) price objective on Rheinmetall and gave the company a “buy” rating in a research report on Tuesday, November 7th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of €114.35 ($141.17).

Shares of Rheinmetall (RHM) opened at €107.55 ($132.78) on Tuesday. The stock has a market capitalization of $4,750.00 and a P/E ratio of 21.95. Rheinmetall has a 1 year low of €66.96 ($82.67) and a 1 year high of €116.80 ($144.20).

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Rheinmetall Company Profile

Rheinmetall AG provides 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.

Analyst Recommendations for Rheinmetall (ETR:RHM)

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