Kepler Capital Markets set a €119.00 ($138.37) price target on Rheinmetall (ETR:RHM) in a research report released on Friday, June 28th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
RHM has been the subject of a number of other research reports. Warburg Research set a €18.70 ($21.74) price objective on GEA Group Aktiengesellschaft and gave the stock a sell rating in a research report on Friday, May 10th. UBS Group lifted their price target on Zayo Group from $30.00 to $35.00 and gave the stock a neutral rating in a research report on Thursday, May 9th. 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. Oddo Bhf set a CHF 18 price target on ABB and gave the stock a sell rating in a research note on Friday, June 14th. Finally, Berenberg Bank reaffirmed a buy rating and set a GBX 340 ($4.44) price objective on shares of Stock Spirits Group in a report on Tuesday, May 14th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of €109.07 ($126.83).
Shares of ETR:RHM traded up €1.67 ($1.94) on Friday, reaching €101.55 ($118.08). The company had a trading volume of 146,342 shares, compared to its average volume of 160,244. Rheinmetall has a 52-week low of €68.94 ($80.16) and a 52-week high of €110.85 ($128.90). The business has a 50 day moving average of €103.51. The firm has a market capitalization of $4.36 billion and a price-to-earnings ratio of 13.90. The company has a quick ratio of 0.86, a current ratio of 1.48 and a debt-to-equity ratio of 38.88.
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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