Berenberg Bank analyst George McWhirter maintained a Buy rating on Rheinmetall today and set a price target of €2,330.00. The company’s shares closed yesterday at €1,889.00.
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According to TipRanks, McWhirter is a top 25 analyst with an average return of 65.9% and a 94.17% success rate. McWhirter covers the Industrials sector, focusing on stocks such as Rheinmetall, RENK Group AG, and Babcock International.
In addition to Berenberg Bank, Rheinmetall also received a Buy from Jefferies’s Chloe Lemaire in a report issued yesterday. However, on September 25, Bernstein initiated coverage with a Hold rating on Rheinmetall (LSE: 0NI1).
The company has a one-year high of €2,009.00 and a one-year low of €463.90. Currently, Rheinmetall has an average volume of 42.02K.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0NI1 in relation to earlier this year.
Read More on GB:0NI1:
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- Positive Outlook and Growth Potential for Rheinmetall: Buy Rating Affirmed
- Rheinmetall initiated with a Market Perform at Bernstein
- Rheinmetall initiated with a Buy at Goldman Sachs
- Rheinmetall’s Strategic Acquisition of NVL: A Catalyst for Growth and Profitability
- Rheinmetall initiated with an Overweight at Barclays
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