Cfra set a €85.00 ($98.84) price objective on Rheinmetall (ETR:RHM) in a research note issued to investors on Friday morning. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also issued reports on RHM. Societe Generale set a €130.00 ($151.16) target price on Rheinmetall and gave the company a buy rating in a research note on Thursday. Oddo Bhf set a €115.00 ($133.72) target price on Rheinmetall and gave the company a neutral rating in a research note on Thursday, July 19th. Commerzbank set a €135.00 ($156.98) target price on Rheinmetall and gave the company a buy rating in a research note on Thursday, August 2nd. HSBC set a €107.00 ($124.42) target price on Rheinmetall and gave the company a neutral rating in a research note on Friday, August 3rd. Finally, equinet set a €103.00 ($119.77) target price on Rheinmetall and gave the company a neutral rating in a research note on Thursday, August 2nd. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of €108.36 ($126.00).

Shares of RHM stock traded up €0.80 ($0.93) during trading hours on Friday, reaching €79.10 ($91.98). The company had a trading volume of 424,086 shares, compared to its average volume of 160,244. Rheinmetall has a twelve month low of €71.11 ($82.69) and a twelve month high of €116.80 ($135.81).

Rheinmetall Company Profile

Rheinmetall Aktiengesellschaft 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.

Recommended Story: What is Cost of Capital?

Analyst Recommendations for Rheinmetall (ETR:RHM)

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.