Rheinmetall (RHM) Given a €117.00 Price Target by UBS Group Analysts

Rheinmetall (ETR:RHM) received a €117.00 ($136.05) price target from investment analysts at UBS Group in a research note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 49.20% from the company’s previous close.

Other research analysts have also issued research reports about the stock. Societe Generale set a €130.00 ($151.16) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Thursday, August 2nd. Commerzbank set a €135.00 ($156.98) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Thursday, August 2nd. Kepler Capital Markets set a €121.00 ($140.70) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Friday, August 3rd. Warburg Research set a €117.00 ($136.05) target price on shares of Rheinmetall and gave the company a “buy” rating in a research note on Monday, August 6th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Rheinmetall in a research note on Tuesday, August 28th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €105.00 ($122.09).

Shares of ETR RHM opened at €78.42 ($91.19) on Wednesday. Rheinmetall has a 1 year low of €71.11 ($82.69) and a 1 year high of €116.80 ($135.81).

About Rheinmetall

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.

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Analyst Recommendations for Rheinmetall (ETR:RHM)

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