Rheinmetall AG (ETR:RHM) Receives Consensus Rating of “Hold” from Brokerages

Rheinmetall AG (ETR:RHM) has received an average recommendation of “Hold” from the fifteen analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is €109.07 ($126.83).

RHM has been the topic of several research analyst reports. UBS Group dropped their price objective on Wells Fargo & Co from $53.00 to $51.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Independent Research set a €152.00 ($176.74) price objective on Continental and gave the stock a “neutral” rating in a research note on Friday, May 10th. Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the stock a “neutral” rating in a research note on Tuesday, May 21st. HSBC set a $122.00 price objective on Tiffany & Co. and gave the stock a “buy” rating in a research note on Friday, June 14th. Finally, Deutsche Bank set a $28.00 price objective on Colfax and gave the stock a “hold” rating in a research note on Wednesday, July 10th.

Shares of ETR:RHM opened at €104.95 ($122.03) on Tuesday. Rheinmetall has a 52-week low of €68.94 ($80.16) and a 52-week high of €110.85 ($128.90). The company has a market capitalization of $4.51 billion and a PE ratio of 14.37. The business has a 50 day moving average price of €104.97. The company has a debt-to-equity ratio of 38.88, a quick ratio of 0.86 and a current ratio of 1.48.

Rheinmetall Company Profile

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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