Berenberg Bank Sticks to Their Buy Rating for Rheinmetall (0NI1)

Rheinmetall received a Buy rating from Berenberg Bank analyst George McWhirter, who set a price target of €1,750.00 today. McWhirter’s stance aligns with a broader Strong Buy consensus among analysts, with Rheinmetall’s price-target consensus at €1,887.08. TipRanks notes McWhirter’s ranking as #279 out of 12,258 analysts. In the quarter ending March 31, Rheinmetall reported revenue of €1.94 billion and net profit of €111 million, down from €2.31 billion revenue and €84 million profit a year earlier. A recent slate of insider activity—23 insiders—signals positive sentiment toward the stock. Analyst consensus remains Strong Buy, with a price-target consensus of €1,887.08, according to TipRanks. The company’s latest earnings for the quarter ended March 31 show €1.94 billion in revenue and €111 million in net profit, versus €2.31 billion and €84 million in the prior year. With 23 insiders signaling positive sentiment in recent activity, investors may view the stock as supported by insider confidence.