Rheinmetall’s (RHM) Buy Rating Reiterated at DZ Bank

Rheinmetall (ETR:RHM)‘s stock had its “buy” rating reiterated by stock analysts at DZ Bank in a report released on Friday, March 29th, Borsen Zeitung reports.

RHM has been the topic of a number of other research reports. Kepler Capital Markets set a €111.00 ($129.07) price objective on shares of Rheinmetall and gave the company a “buy” rating in a research note on Friday, January 11th. Commerzbank set a €130.00 ($151.16) price objective on shares of Rheinmetall and gave the company a “buy” rating in a research note on Monday, December 3rd. Oddo Bhf set a €106.00 ($123.26) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a research note on Thursday, March 14th. Independent Research set a €106.00 ($123.26) target price on shares of Rheinmetall and gave the company a “neutral” rating in a research note on Friday, March 15th. Finally, Deutsche Bank set a €100.00 ($116.28) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Monday, December 3rd. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Rheinmetall has an average rating of “Buy” and a consensus price target of €107.50 ($125.00).

Shares of RHM traded up €1.25 ($1.45) during mid-day trading on Friday, hitting €101.85 ($118.43). The company had a trading volume of 165,031 shares, compared to its average volume of 160,244. The stock has a market capitalization of $4.36 billion and a PE ratio of 14.34. The company has a debt-to-equity ratio of 39.37, a quick ratio of 0.96 and a current ratio of 1.46. Rheinmetall has a 1-year low of €68.94 ($80.16) and a 1-year high of €117.85 ($137.03).

Rheinmetall Company Profile

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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