Deutsche Bank cuts target to EUR 1,650 for Rheinmetall stock

Published on 10/27/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results come November 5, 2026. Rheinmetall stock costs EUR 1,023.20 on October 27, 2026 at 4:48 p.m. CEST, down 1.06 percent versus the Xetra close.

Deutsche Bank target cut

Deutsche Bank cut its Rheinmetall target from EUR 1,800.00 to EUR 1,650.00 on October 27, 2026.
Rheinmetall will report third-quarter 2026 results on November 5, 2026.
Rheinmetall stock costs EUR 1,023.20 at Lang & Schwarz on October 27, 2026 at 4:48 p.m. CEST, 1.06 percent below the Xetra close of October 26, 2026 and 47.96 percent below the 52-week high.
Rheinmetall's price-to-earnings ratio is 66.32 and its market capitalization is EUR 47.6 billion as of October 27, 2026.

Rheinmetall, DE0007030009, Illustration mit AI erstellt.

On October 27, 2026, Deutsche Bank cut its Rheinmetall target from EUR 1,800.00 to EUR 1,650.00 while retaining its Buy rating, as reported by MarketScreener. Rheinmetall stock was trading at EUR 1,023.20 at Lang & Schwarz on October 27, 2026 at 4:48 p.m. CEST, down 1.06 percent versus the Xetra close of October 26, 2026 at EUR 1,034.20.

Deutsche Bank lowers its target

The new target stands 61.30 percent above the Lang & Schwarz price. Deutsche Bank's note kept the Buy rating but reduced the target by EUR 150.00, a 8.33 percent cut from EUR 1,800.00. The report said the upcoming capital markets event puts pressure on Rheinmetall to support its long-term objectives with credible evidence of growth.

Price remains below yearly high

Rheinmetall's EUR 1,023.20 quote sits inside a 52-week range of EUR 900.20 to EUR 1,966.00 as of October 27, 2026. The price is 47.96 percent below the high and 13.66 percent above the low. Trading volume stood at 85,745 shares, while market capitalization was EUR 47.6 billion on the same date.

What comes next for investors?

Rheinmetall's price-to-earnings ratio was 66.32 as of October 27, 2026. The company's investor-relations calendar schedules the third-quarter 2026 report for November 5, 2026 and the Capital Markets Day for November 25 to November 27, 2026, according to Rheinmetall.

Orders build the operating backdrop

The company also reported a EUR 138.00 million purchase price for the planned Mangalia shipyard takeover on October 19, 2026. An Albacete production site launched on October 16, 2026 with annual capacity for three million medium-caliber ammunition components, according to Rheinmetall. These figures provide the operating context for the target debate without changing the company's scheduled reporting milestones.

Next reporting milestones

The November 5 results and the November 25 to November 27 capital markets event are the next dated points for assessing Rheinmetall's order momentum and long-term targets. The further course of trading is shown by the continuously updated real-time quote of Rheinmetall stock.