JPMORGAN rates RHEINMETALL AG as ‘Overweight’

NEW YORK (dpa-AFX Analyzer) – The US bank JPMorgan left the rating for Rheinmetall at “Overweight” with a price target of 310 euros. In a study published on Thursday, analyst David Perry wrote that a conversation with CEO Armin Papperger continued to make him feel positive about the armaments business. Rheinmetall is well positioned for a five to ten year upturn in defense spending./ck/jha/

Publication of the original study: 03/23/2023 / 20:16 / GMT
First distribution of the original study: 03/23/2023 / 20:16 / GMT

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The Rheinmetall share is currently showing a plus of +2,22 % and a rate of 260.7EUR
traded.