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Rheinmetall shares rebounded by 1.3% following a correction earlier in the week, after reaching an all-time high of EUR 663.80 in December. The stock is currently testing the EUR 600 mark, with potential upside towards EUR 700. However, a drop below EUR 593.00 could signal a more significant decline.
Rheinmetall shares rebounded by 1.3% after a correction, following a significant rise of 31.5% in November and reaching an all-time high of EUR 663.80 in early December. The recent pullback tested the EUR 600 mark, with potential for further gains if prices close the gap between EUR 642.00 and EUR 651.80, targeting EUR 700.00. Conversely, a drop below EUR 593.00 could lead to a more substantial decline towards EUR 550.60.
UBS AG has increased its price target for Rheinmetall from 570 to 630 euros while maintaining a "Neutral" rating. The adjustment reflects a balance between potential benefits from NATO's defense spending goals and the possibility of a ceasefire in Ukraine, according to analyst Sven Weier.
UBS has raised its price target for Rheinmetall from 570 to 630 euros while maintaining a "Neutral" rating. The adjustment reflects increased estimates for the company's operating results, amid a share price rise to 621.40 euros, following a record high of 626.80 euros. The current valuation balances potential NATO defense spending increases against the possibility of a ceasefire in Ukraine.
UBS has increased its price target for Rheinmetall from 570 to 630 euros while maintaining a "Neutral" rating. The adjustment reflects a balance between potential benefits from NATO's defense spending goals and the possibility of a ceasefire in Ukraine, according to analyst Sven Weier.
UBS has increased its price target for Rheinmetall from 570 to 630 euros while maintaining a "Neutral" rating. The adjustment reflects improved estimates for the company's operating results, amid a balance between NATO's defense spending goals and the potential for a ceasefire in Ukraine.
UBS has raised its target price for Rheinmetall from 570 to 630 euros, reflecting the company's strong performance. Despite this increase, UBS maintains a "Neutral" rating on the stock, indicating a cautious outlook amid the record highs.
UBS has raised its target price for Rheinmetall from 570 to 630 euros while maintaining a "Neutral" rating. Analyst Sven Weier noted that the current stock valuation reflects a balance between NATO's defense spending goals and the potential for a ceasefire in Ukraine, driven by increased operational profit estimates.
UBS has raised its target price for Rheinmetall AG to 630 euros, maintaining a 'Neutral' rating. The company specializes in military and civilian equipment, with net sales primarily from vehicle systems (35.9%), weapons and ammunition (20.6%), and sensors and actuators (18.8%). Geographically, sales are led by Europe (47.4%) and Germany (24%).
UBS has raised its target price for Rheinmetall AG to €630, maintaining a neutral stance on the company. Rheinmetall specializes in military and civilian equipment, with sales primarily from vehicle systems (35.9%), weapons and ammunition (20.6%), and electronic solutions (14.2%). Geographically, 24% of sales come from Germany, with 47.4% from Europe, and the remainder from Asia, the Middle East, and the Americas.
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