UBS Group set a €117.00 ($136.05) price target on Rheinmetall (ETR:RHM) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts have also issued research reports about the company. Kepler Capital Markets set a €111.00 ($129.07) price objective on Rheinmetall and gave the company a buy rating in a research note on Thursday, March 14th. Deutsche Bank set a €115.00 ($133.72) target price on shares of Rheinmetall and gave the company a buy rating in a report on Thursday, March 14th. Warburg Research set a €107.00 ($124.42) target price on shares of Rheinmetall and gave the company a buy rating in a report on Friday, March 1st. Nord/LB set a €110.00 ($127.91) target price on shares of Rheinmetall and gave the company a buy rating in a report on Tuesday, March 26th. Finally, DZ Bank reaffirmed a buy rating on shares of Rheinmetall in a research note on Friday, March 29th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €108.00 ($125.58).
Rheinmetall stock traded up €1.05 ($1.22) during trading hours on Thursday, reaching €102.05 ($118.66). 214,466 shares of the stock were exchanged, compared to its average volume of 160,244. The company has a market cap of $4.37 billion and a P/E ratio of 14.37. 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 52-week low of €68.94 ($80.16) and a 52-week high of €117.85 ($137.03).
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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