The buzziest new trade in markets right now has nothing to do with artificial intelligence or cryptocurrencies. Instead, it is European defense—a long overlooked industry. Stocks including Germany’s Rheinmetall and France’s Thales have gained over 70% this year,
SALES FORECAST: The German arms maker expects to confirm sales of around 10 billion euros ($10.83 billion) in 2024, up by 39.45% year-on-year, due to stronger performance in the second half, as Europe accelerates efforts to modernize their armies.
Berenberg Bank analyst George McWhirter maintained a Buy rating on Rheinmetall (0NI1 – Research Report) on March 7 and set a price target of
Rheinmetall stock is fairly valued for FY25, but upside remains in the years ahead. Click here to find out why RNMBF stock retains its buy rating.
A surge of demand caused by the war in Ukraine has made defence firms stars among Germany’s listed companies. Their share prices have leapt. Announcements on March 4th by Friedrich Merz, set to become Germany’s next chancellor,
German defense concern Rheinmetall intends to refocus two of its enterprises from producing cars to producing military equipment.Reuters reported this on
By Christoph Steitz and Matthias Inverardi FRANKFURT/DUESSELDORF (Reuters) -Rheinmetall, Europe's top ammunition maker, intends to repurpose two of its automotive plants in Germany to mostly make defence equipment,
Armin Papperger’s defence company, Rheinmetall, makes the weaponry forces are using against Russia – and its president is none too pleased
Shares in BAE Systems, Rheinmetall and Leonardo all added to strong gains this year on Monday amid expectations of rising European defense spending.
Exploe why the DAX index has jumped this year, and why the rheinmetall stock has soared by over 95% and what to expect
Rheinmetall plans to repurpose two of its German automotive facilities into defense equipment production sites amidst increased regional defense spending due to U.S.-Ukraine tensions. This strategic move affects its Berlin and Neuss locations,
Rheinmetall's estimated fair value is €1,407 based on 2 Stage Free Cash Flow to Equity Rheinmetall's €1,199 share price indicates it is trading at similar levels as its fair value estimate The ...
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