Rheinmetall AG (OTCMKTS:RNMBY – Get Free Report)’s stock price shot up 0.8% during trading on Tuesday . The stock traded as high as $376.23 and last traded at $374.84. 310,717 shares changed hands during mid-day trading, an increase of 155% from the average session volume of 121,935 shares. The stock had previously closed at $371.70.
Analysts Set New Price Targets
Separately, UBS Group raised Rheinmetall from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 24th.
Read Our Latest Analysis on Rheinmetall
Rheinmetall Price Performance
Rheinmetall Company Profile
Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.
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