DZ Bank restated their neutral rating on shares of Rheinmetall (ETR:RHM) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports.
Several other research analysts have also commented on the stock. Deutsche Bank set a $28.00 price target on shares of Colfax and gave the stock a hold rating in a research note on Wednesday, July 10th. Oddo Bhf set a CHF 18 price target on shares of ABB and gave the stock a sell rating in a research note on Friday, June 14th. Nord/LB set a €53.00 ($61.63) price target on shares of Lanxess and gave the stock a neutral rating in a research note on Tuesday, May 21st. UBS Group dropped their price target on shares of Wells Fargo & Co from $53.00 to $51.00 and set a buy rating on the stock in a research note on Wednesday. Finally, Kepler Capital Markets restated a hold rating on shares of Continental in a research note on Friday, June 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Rheinmetall presently has a consensus rating of Hold and a consensus price target of €109.07 ($126.83).
RHM stock opened at €101.55 ($118.08) on Wednesday. Rheinmetall has a 12-month low of €68.94 ($80.16) and a 12-month high of €110.85 ($128.90). The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 38.88. The stock has a market cap of $4.36 billion and a P/E ratio of 13.90. The business has a 50 day moving average of €103.51.
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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