How high can Rheinmetall stock go? (2024)

How high can Rheinmetall stock go?

Based on 12 Wall Street analysts offering 12 month price targets for Rheinmetall in the last 3 months. The average price target is €548.00 with a high forecast of €660.00 and a low forecast of €410.00. The average price target represents a 8.47% change from the last price of €505.20.

Is Rheinmetall a good stock to buy?

Rheinmetall AG's analyst rating consensus is a Strong Buy. This is based on the ratings of 12 Wall Streets Analysts.

Why is Rheinmetall stock rising?

Strong sales growth with rising high margins. Based on the current market outlooks, the Rheinmetall Group expects significant growth in sales and anticipates a rising operating margin combined with an improved operating result in fiscal 2024.

Who owns shares in Rheinmetall?

Can you invest in Rheinmetall?

You can buy or sell Rheinmetall AG shares through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account.

Does Rheinmetall still make tanks?

The Panther KF51 (KF is short for German "Kettenfahrzeug" lit. 'tracked vehicle') is a German main battle tank (MBT) that is under development by Rheinmetall Landsysteme (part of Rheinmetall's Vehicle Systems division). It was unveiled publicly at the Eurosatory defence exhibition on 13 June 2022.

Does BAE own Rheinmetall?

Rheinmetall BAE Systems Land was launched in July 2019 as a new and independent joint venture business between BAE Systems and Rheinmetall. Headquartered in Telford in the West Midlands, RBSL employs a skilled workforce, located in Telford as well as at sites near Newcastle, Bristol and in Dorset.

How many tanks can Rheinmetall produce?

MILAN, Italy — German arms maker Rheinmetall wants to build a factory in Ukraine that could produce up to 400 of the company's envisioned Panther KF51 main battle tanks annually.

How big is the Rheinmetall company?

What is the size of Rheinmetall? Rheinmetall has 24,263 total employees.

Does Rheinmetall pay dividends?

Rheinmetall pays a dividend 1 times a year. Payment month is May.

Is Rheinmetall still in business?

Rheinmetall was founded in 1889 as "Rheinische Metallwaaren- und Maschinenfabrik Actiengesellschaft". Today, Rheinmetall is a leading, globally active, integrated technology group that develops and sells components, systems and services for the security and civil industries.

Did Rheinmetall make tanks in ww2?

There were also technical problems with the Panzer III: it was widely considered to be under-gunned with the 3.7 cm KwK 36 gun and production was split among four manufacturers (MAN, Daimler-Benz, Rheinmetall-Borsig, and Krupp) with little regard for each firm's expertise, and the rate of production was initially very ...

How many employees does Rheinmetall have?

The about 33,700 employees of the Rheinmetall Group make a significant contribution to attaining corporate goals and securing and expanding the group's economic success on a sustainable and long-term basis, thanks to their knowledge, skills and dedication.

What is the fair value of Rheinmetall stock?

As of 2024-04-16, the Fair Value of Rheinmetall AG (RHM.DE) is 309.21 EUR. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 551.8 EUR, the upside of Rheinmetall AG is -44%.

What companies are similar to Rheinmetall?

What stocks do well in wartime?

Which Stocks Do Best During a War? In general, defense stocks (companies that produce weapons and armaments) tend to fare the best during a wartime environment. Energy companies may also see a boost in conflicts that result in higher oil and commodity prices.

Does the Abrams use a Rheinmetall gun?

Used in the field by many nations since 1980, Rheinmetall's 120mm technology has progressed to be the world's most innovative and established main battle tank armament within the armed forces of Germany, NATO and other friendly nations. It is the standard system on the Leopard2 and M1 Abrams platform.

Does the US use Rheinmetall?

Rheinmetall is a longstanding partner of NATO and has many years of experience as a top supplier to the U.S. Department of Defense.

What happened to Rheinmetall after ww2?

After the war, the armaments production came to a standstill and Rheinmetall had to lay off employees. The provisions of the Treaty of Versailles made it necessary to switch to civilian products.

What tanks are made by Rheinmetall?

Rheinmetall is one of Europe's leading suppliers of armoured tracked vehicle systems in all weight classes. The portfolio includes the KF51 Panther, MBT Advanced Technology Demonstrator, the IFV Lynx, AEV 3 Kodiak, the LRV Wiesel, just to name a few.

What is the new contract with Rheinmetall?

Rheinmetall has been awarded a €350 million (US$380 million) contract by the German Bundeswehr for the supply of several hundreds of thousands of round of 30mm x 173 DM21 service ammunition for the Puma infantry fighting vehicle. The latest deal marked the third call off of a €576 million deal signed in December 2022.

How old is Rheinmetall?

Rheinmetall share history

This underlined the success of the company's development over the course of 130 years. Rheinmetall has long been a fixture on the trading floor. Following the company's founding in 1889 under the name “Rheinische Metallwaaren- und Maschinenfabrik Actiengesellschaft,” it went public in 1894.

How realistic is it for Rheinmetall to build a tank plant in Ukraine?

Papperger was asked about the feasibility and realism of building the Rheinmetall plant with the subsequent launch of the serial production of Panther KF51 tanks in Ukraine. He replied that it is quite realistic and that it would take 15-20 months to bring the project to launch in Germany.

Who is the largest tank producer in the world?

'Open Joint Stock Company "Research and Production Corporation Ural Wagon Factory"') is a Russian machine-building company located in Nizhny Tagil, Russia. 30,000 est. It is one of the largest scientific and industrial complexes in Russia and the largest main battle tank manufacturer in the world.

What is the largest tank factory in the world?

The world's biggest tank factory — Russia's only tank factory — recently released a video to celebrate their success in 2023. UralVagonZavod, Russia's "Ural Freight Wagon Plant" or UVZ, announced on Telegram that they had “successfully completed” contracts for the supply of new T-90M and refurbished T-72B3M tanks.