Rheinmetall AG (RHM) Given a €102.00 Price Target by equinet AG Analysts

equinet AG set a €102.00 ($120.00) target price on Rheinmetall AG (ETR:RHM) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other research firms also recently commented on RHM. Independent Research GmbH set a €92.00 ($108.24) price objective on Rheinmetall AG and gave the company a neutral rating in a report on Monday, August 7th. Berenberg Bank set a €98.00 ($115.29) price objective on Rheinmetall AG and gave the company a buy rating in a report on Friday, August 4th. HSBC Holdings plc set a €85.00 ($100.00) price objective on Rheinmetall AG and gave the company a neutral rating in a report on Friday, August 4th. S&P Global set a €100.00 ($117.65) price objective on Rheinmetall AG and gave the company a buy rating in a report on Thursday, August 3rd. Finally, Commerzbank Ag set a €105.00 ($123.53) price objective on Rheinmetall AG and gave the company a buy rating in a report on Thursday, August 3rd. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of €95.38 ($112.21).

Rheinmetall AG (ETR RHM) opened at 88.682 on Tuesday. The firm has a market cap of €3.78 billion and a P/E ratio of 17.783. The firm’s 50-day moving average price is €86.20 and its 200-day moving average price is €81.39. Rheinmetall AG has a 52-week low of €60.50 and a 52-week high of €89.74.

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Rheinmetall AG Company Profile

Rheinmetall AG is a Germany-based company that specializes in security and mobility solutions. It operates through two segments: Defence and Automotive. The Defence segment provides Combat Systems, including armored tracked vehicles, protection systems, propellants and powder and turret systems and weapon stations, Electronic Solutions, such as air defence systems, soldier systems, fire control systems and sensors, and Wheeled Vehicles, including wheeled logistics and wheeled tactical vehicles.

Analyst Recommendations for Rheinmetall AG (ETR:RHM)

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