Rheinmetall (ETR:RHM) Given a €115.00 Price Target at Deutsche Bank

Rheinmetall (ETR:RHM) has been assigned a €115.00 ($133.72) target price by equities researchers at Deutsche Bank in a report released on Friday, April 12th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 11.98% from the stock’s current price.

A number of other brokerages have also commented on RHM. Kepler Capital Markets set a €111.00 ($129.07) price target on Rheinmetall and gave the company a “buy” rating in a report on Friday, January 11th. Oddo Bhf set a €106.00 ($123.26) price target on Rheinmetall and gave the company a “neutral” rating in a report on Thursday, March 14th. Independent Research set a €106.00 ($123.26) price target on Rheinmetall and gave the company a “neutral” rating in a report on Friday, March 15th. UBS Group set a €117.00 ($136.05) price target on Rheinmetall and gave the company a “buy” rating in a report on Wednesday, December 19th. Finally, HSBC set a €110.00 ($127.91) price target on Rheinmetall and gave the company a “neutral” rating in a report on Wednesday, March 20th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of €107.50 ($125.00).

Shares of RHM traded up €0.55 ($0.64) during trading hours on Friday, reaching €102.70 ($119.42). 66,037 shares of the company’s stock traded hands, compared to its average volume of 160,244. The firm has a market capitalization of $4.39 billion and a price-to-earnings ratio of 14.46. 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 twelve month low of €68.94 ($80.16) and a twelve month high of €117.85 ($137.03).

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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