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UBS has raised the price target for Rheinmetall.

The major Swiss bank UBS has increased the price target for Rheinmetall from 805 to 924 euros, but left the classification primarily due to political imponderables. In the best case, analyst Sven Weier now trusts the papers of the armaments group and car supplier, according to his re -evaluation on Monday, courses of 1,275 euros. He raised his long -term surgical estimates for the armaments division by up to 33 percent.

The Rheinmetall share temporarily lists 6.98 percent higher at EUR 874.00 in Xetra trading.

/AG/GL

Zurich (dpa-Afx broker)

Image sources: Postmodern Studio / Shutterstock.com, Tobias Arhelger / Shutterstock.com

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