Deutsche Bank cuts Rheinmetall target. Rheinmetall stock falls 1.74 percent
Published on 10/27/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and company expansion
- Deutsche Bank lowered its Rheinmetall target from EUR 1,800.00 to EUR 1,650.00 on October 27, 2026.
- UBS retained its Buy rating while cutting its target from EUR 1,600.00 to EUR 1,360.00 on October 20, 2026.
- Rheinmetall stock trades at EUR 1,016.20 at 11:17 a.m. CEST at Lang & Schwarz on October 27, 2026, 1.74 percent below the Xetra close of October 26, 2026.
- Rheinmetall will publish its third-quarter 2026 report on November 5, 2026.
Rheinmetall stock (ISIN DE0007030009) was trading at EUR 1,016.20 at Lang & Schwarz on October 27, 2026 at 11:17 a.m. CEST, down 1.74 percent versus the Xetra close of October 26, 2026 at EUR 1,034.20. The latest catalyst is Deutsche Bank's target reduction from EUR 1,800.00 to EUR 1,650.00 while retaining a Buy rating, as reported by MarketScreener on October 27, 2026.
Targets reset as production expands
The analyst change arrives while Rheinmetall is expanding production and broadening its industrial footprint. On October 19, 2026, the company said it had secured the Mangalia shipyard in Romania with MSC for EUR 138.00 million, creating a planned dual-use site for civilian and military shipbuilding, according to Rheinmetall.
On October 22, 2026, Rheinmetall opened its UK Gun Hall in Telford. The facility is designed for annual capacity of up to 245 gun barrels and more than 50 breeches, according to Rheinmetall.
What does the target cut mean?
UBS had already reduced its target from EUR 1,600.00 to EUR 1,360.00 on October 20, 2026, while keeping its Buy rating. MarketScreener reported that UBS wanted more conservative targets ahead of the capital markets day. The two target cuts put execution and the reliability of future objectives at the center of the valuation discussion.
Three dated steps shape the story
On October 19, 2026, Rheinmetall and MSC secured the Mangalia shipyard for EUR 138.00 million. On October 22, 2026, Rheinmetall opened the UK Gun Hall with planned capacity of 245 barrels per year. On October 27, 2026, Deutsche Bank cut its target from EUR 1,800.00 to EUR 1,650.00.
Key dates for Rheinmetall
Rheinmetall will publish its third-quarter 2026 report on November 5, 2026, followed by its capital markets day from November 26 to November 27, 2026, according to the company's investor-relations calendar.
Stock stays below the latest close
The EUR 1,016.20 quote is 1.74 percent below the Xetra close of EUR 1,034.20 from October 26, 2026. The further course of trading is shown by the continuously updated real-time quote of Rheinmetall stock.
Rheinmetall stock facts
- Company: Rheinmetall AG
- ISIN: DE0007030009
- WKN: 703000
- Ticker: RHM
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 27, 2026, 11:17 a.m. CEST): EUR 1,016.20
- Change versus Xetra close: minus 1.74 percent
- Xetra close (October 26, 2026): EUR 1,034.20
- Market capitalization: EUR 47.4 billion (as of October 27, 2026)
- 52-week range: EUR 900.20-1,966.00 (as of October 27, 2026)
- Sector / Industry: Aerospace and Defense
- Next earnings date: November 5, 2026
Market context: Market report DAX.
