Outspoken Rheinmetall chief whose rising profile has come at personal risk sees transatlantic strains as ‘good for business’

A rush by European governments to boost military spending has unleashed a rally in defense stocks so strong that they’re now as richly valued as the region’s high-flying luxury names.  Shares in German tanks and ammunition producer Rheinmetall AG have jumped more than 80% this year.

SALES FORECAST: The German arms maker expects to confirm sales of around 10 billion euros ($10.83 billion) in 2024, up by 39.45% year-on-year, due to stronger performance in the second half, as Europe accelerates efforts to modernize their armies.

Berenberg raised the firm’s price target on Rheinmetall (RNMBY) to EUR 1,410 from EUR 750 and keeps a Buy rating on the shares.Optimize Your

Rheinmetall stock is fairly valued for FY25, but upside remains in the years ahead. Click here to find out why RNMBF stock retains its buy rating.

Berenberg Bank analyst George McWhirter maintained a Buy rating on Rheinmetall (0NI1 – Research Report) on March 7 and set a price target of

A surge of demand caused by the war in Ukraine has made defence firms stars among Germany’s listed companies. Their share prices have leapt. Announcements on March 4th by Friedrich Merz, set to become Germany’s next chancellor,

Weopans are the new high fashion as Rheinmetall’s value is now between Dior owner LVMH and Birkin bag maker Hermès International

The WisdomTree Europe Defence Ucits ETF (WDEF) listed today on Deutsche Börse Xetra and Borsa Italiana and will start trading on the London Stock Exchange on Wednesday. It follows a proprietary index that WisdomTree launched in October 2024 with the intention of creating the ETF.

German defense concern Rheinmetall intends to refocus two of its enterprises from producing cars to producing military equipment.Reuters reported this on

The buzziest new trade in markets right now has nothing to do with artificial intelligence or cryptocurrencies. Instead, it is European defense—a long overlooked industry. Stocks including Germany’s Rheinmetall and France’s Thales have gained over 70% this year,

Bulls base their confidence on Germany’s newly announced pledge to unlock hundreds of billions of euros for military spending