Rheinmetall AG

RHM

DE0007030009

Aerospace & Defense

Real-time Estimate Tradegate Other stock markets 11:30:00 2024-04-25 am EDT			5-day change	1st Jan Change
513.6 ^EUR	-1.34%		+0.43%	+78.61%

12:20pm	Goldman rates Rheinmetall a 'Buy' - Target 606 euros	DP
10:13am	RHEINMETALL AG : Goldman Sachs keeps its Buy rating	ZD

Rheinmetall : BAE Systems JV Gets UK Army Contract Worth More Than EUR17.5 Million

October 07, 2020 at 05:53 am EDT

By Olivia Bugault

Rheinmetall AG said Wednesday that joint-venture company Rheinmetall BAE Systems Land has secured a U.K. defense contract to upgrade and sustain the British Army's fleet of Fuchs/Fox vehicles, an order worth more than 17.5 million euros ($20.5 million).

"Rheinmetall BAE Systems Land will address equipment-related obsolescence issues and upgrade the system with the latest generation of sensing capabilities," the German defense company said.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

10-07-20 0552ET

Latest news about Rheinmetall AG

Goldman rates Rheinmetall a 'Buy' - Target 606 euros	06:20am	DP
RHEINMETALL AG : Goldman Sachs keeps its Buy rating	04:13am	ZD
German Stocks Fall; Business Climate Grows for Third Straight Month	Apr. 24	MT
Rheinmetall Signs EUR400 Million Framework Deal to Supply Intercom Sets to German Armed Forces	Apr. 24	MT
Moody’s Affirms Rheinmetall’s Ratings Amid Robust Operating Performance	Apr. 19	MT
STOXX 600 hits one-month low on geopolitical woes; L'Oreal shines	Apr. 19	RE
RHEINMETALL AG : From a Buy to Neutral rating by Deutsche Bank	Apr. 19	ZD
Defense stocks mixed - Rheinmetall weak after downgrade	Apr. 19	DP
Europe's STOXX drops to 1-month low on geopolitical woes; L'Oreal shines	Apr. 19	RE
Deutsche Bank downgrades Rheinmetall to 'Hold'	Apr. 19	DP
RHEINMETALL AG : JP Morgan remains its Buy rating	Apr. 18	ZD
Defense stocks weak - JPM: Use correction at Rheinmetall	Apr. 18	DP
FTSE 100 up despite hawkish Fed rates outlook	Apr. 18	AN
Australia wants to increase defense spending	Apr. 17	DP
Ten dead after missile attack - Zelenskyi urges more air defense	Apr. 17	DP
F-35 fighter jet: German aviation experts begin training in the USA	Apr. 17	DP
Lithuania signs deal with Rheinmetall for ammunition plant	Apr. 16	RE
Zelensky complains of acute shortage of ammunition for artillery and air defense systems	Apr. 16	DP
Rheinmetall Closes Sale of Small-bore Piston Production Business	Apr. 16	MT
Rheinmetall to sign a protocol of intention for ammunition factory in Lithuania, government says	Apr. 15	RE
European Midday Briefing : Investors Digest Iran Attack	Apr. 15	DJ
Macron calls for permanently increased arms production	Apr. 11	DP
Rheinmetall: Australian Government Signs Production Contract for Military Vehicles	Apr. 10	MT
Mib above 34,100 ahead of Italian retail sales	Apr. 10	AN
Futures await stock exchanges on U.S. pre-inflation	Apr. 10	AN

Chart Rheinmetall AG

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Company Profile

Rheinmetall AG specializes in the design, manufacture and marketing of equipment, components and solutions for the military and civilian industries. Net sales break down by family of products as follows: - vehicle systems (35.1%): multi-purpose wheeled and tracked vehicles (tactical military vehicles, support vehicles, logistics vehicles and special vehicles); - sensors and actuators (20.5%): actuators, exhaust gas recirculation systems, throttle valves, exhaust gas dampers for electric motors, solenoid valves, pumps, etc. used in thermal and fluid management applications in the mobility and industrial sectors; - weapon and ammunition systems (19.5%): automatic cannons for land, air and sea vehicles, smooth-bore weapons, artillery systems, smart projectiles, high-energy lasers, etc.; - electronic solutions (13%): sensors and networking systems, cyberspace protection solutions, air defense systems, radar systems, technical documentation solutions, integrated electronic systems, drones and automated ground robots, training and simulation solutions; - engine components and systems (11.6%); - other (0.3%). At the end of 2022, the Group had 132 production sites worldwide. Net sales are distributed geographically as follows: Germany (29.5%), Europe (35.7%), Asia and Middle East (16.3%), Americas (9%) and other (9.5%).

Sector

Aerospace & Defense

Calendar

2024-05-13 - Annual General Meeting

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DAX

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Analysis / Opinion

RHEINMETALL : Opinion change, from Sell to Add

March 25, 2024 at 10:58 am EDT

Rheinmetall: At the heart of Europe's military revival

March 15, 2024 at 06:32 am EDT

Rheinmetall AG : Wind in your sails

March 17, 2023 at 10:32 am EDT

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Ratings for Rheinmetall AG

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

520.6 EUR

Average target price

543.8 EUR

Spread / Average Target

+4.45%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Other Aerospace & Defense

Rheinmetall AG

Equities

RHM

DE0007030009

Aerospace & Defense

Rheinmetall : BAE Systems JV Gets UK Army Contract Worth More Than EUR17.5 Million

EPS Revisions