Analyst Chloe Lemaire from Jefferies maintained a Buy rating on Rheinmetall and keeping the price target at €2,250.00.
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Chloe Lemaire’s rating is based on Rheinmetall’s steady performance in the third quarter, which aligns with market expectations and alleviates concerns that were affecting the stock’s recent performance. The company’s ability to meet consensus estimates without altering its guidance is seen as a positive indicator of stability and reliability.
Furthermore, the reaffirmation of the company’s guidance ahead of the upcoming Capital Markets Day is expected to provide additional reassurance to investors. This stability, coupled with the anticipation of future strategic insights during the CMD, supports the Buy rating as investors look forward to potential growth opportunities.