Rheinmetall AG

RHM: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€274.00	Dtv	Yvkzshdw

Rheinmetall: Increasing Fair Value Estimate on Greater Confidence in Expal Margin Contribution

Loredana Muharremi

Feb 23, 2024

We are increasing our fair value estimates for wide-moat Rheinmetall to EUR 445 from EUR 343 given our greater confidence in margin upside in the missiles and ammunition division.

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