Rheinmetall AG traded at 1,009.60 this Wednesday October 28th, decreasing 12.60 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Rheinmetall lost 4.84 percent. Over the last 12 months, its price fell by 41.78 percent. Looking ahead, we forecast Rheinmetall AG to be priced at 988.89 by the end of this quarter and at 912.90 in one year, according to Trading Economics global macro models projections and analysts expectations.
Rheinmetall AG is a Germany-based Company. The Company’s focus is on security technology and mobility solutions. It operates through two segments and five divisions such as defense and automotive segments. The vehicle systems, electronic solutions and weapon and ammunition divisions are operating under security and defense segment and the sensors and actuators and materials and trade divisions supply under automotive segment. The vehicle systems division activity areas are armored tracked vehicles, chemical, biological, radiological and nuclear protection equipment. The weapon and ammunition providing activities in weapons and munitions, propellants, protection systems. The electronic solutions operating areas are air defense systems, soldier systems, command, control and reconnaissance systems, fire control systems. The material and trade operate in engine blocks, structural components and cylinder heads, plain bearings. The sensors and actuators operate in emissions reduction.