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Rheinmetall shares soared to a record high of €730.20 following a significant price target increase by UBS analyst Sven Weier, who raised the target from €630 to €805, citing expected growth in defense spending by NATO countries. The stock has been on an upward trend, surpassing the €700 mark for the first time earlier this week.
UBS has increased its target price for Rheinmetall from 630 to 805 euros while maintaining a "Neutral" rating. Analyst Sven Weier noted that while US President Trump's defense spending target for NATO is 5% of GDP, the market is currently factoring in 3%, with a long-term expectation of a defense to GDP ratio between 2.5% and 3.0%.
UBS has increased its price target for Rheinmetall from 630 to 805 euros while maintaining a "Neutral" rating. Analyst Sven Weier noted that while US President Trump's call for NATO defense spending at 5% of GDP is significant, the market currently anticipates a 3% baseline, with a long-term expectation of 2.5 to 3.0%.
UBS has increased its target price for Rheinmetall from 630 to 805 euros while maintaining a "Neutral" rating. Analyst Sven Weier noted that although there is pressure for NATO countries to raise defense spending to 5% of GDP, the market is currently factoring in a 3% scenario, with a long-term expectation of 2.5 to 3.0%.
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.
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Rheinmetall shares soar to record high after UBS price target increase
13:04 23.01.2025
UBS raises Rheinmetall target price while maintaining neutral rating
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Rheinmetall AG
USA
DEU
Hubert Dichtl
Warren Buffett
Donald Trump
Sven Weier
Thomas Müller
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08:44 23.01.2025
ubs raises rheinmetall price target to 805 euros maintains neutral rating
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ubs raises rheinmetall target price to 805 euros maintaining neutral rating
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UBS raises Rheinmetall price target to 630 euros maintains neutral rating
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UBS raises Rheinmetall price target to 630 euros while maintaining neutral rating
11:04 25.11.2024
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