Commerzbank Analysts Give Rheinmetall (RHM) a €130.00 Price Target

Rheinmetall (ETR:RHM) has been given a €130.00 ($151.16) target price by analysts at Commerzbank in a research report issued on Monday. The firm presently has a “buy” rating on the stock. Commerzbank’s price objective would indicate a potential upside of 60.73% from the company’s previous close.

Several other equities research analysts have also commented on RHM. equinet set a €103.00 ($119.77) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a report on Thursday, August 2nd. UBS Group set a €130.00 ($151.16) price target on shares of Rheinmetall and gave the stock a “buy” rating in a report on Thursday, August 2nd. Societe Generale set a €130.00 ($151.16) price target on shares of Rheinmetall and gave the stock a “buy” rating in a report on Thursday, August 2nd. HSBC set a €107.00 ($124.42) price target on shares of Rheinmetall and gave the stock a “neutral” rating in a report on Friday, August 3rd. Finally, Deutsche Bank set a €106.00 ($123.26) target price on shares of Rheinmetall and gave the stock a “neutral” rating in a report on Friday, August 3rd. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of €105.00 ($122.09).

Shares of ETR RHM opened at €80.88 ($94.05) on Monday. Rheinmetall has a one year low of €71.11 ($82.69) and a one 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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