More than 20 analysts have set an average 12-month price target of about €1,632 for Rheinmetall AG (RHM.DE). That target implies potential upside of approximately 73% from recent trading levels. Some individual targets reach as high as €2,415.
Analysts cite Rheinmetall’s position as a key European defense contractor and expect the company to benefit from a structural increase in military spending as European nations rearm and replenish stockpiles. They project strong, multi-year growth in revenue and earnings, supported by a substantial order backlog and rising demand for the company’s vehicles, weapons, and ammunition.