Reduced Target, Buy

Rhein Metall’s market assessment was also revised by Mwb Research, which lowered its price target from €1,450 to €1,400 and trimmed 2027 and 2028 sales and EPS estimates by 1.8 % and 2.1 %, respectively. Nevertheless, the research firm maintained a buy rating, noting the core defense up‑cycle thesis remains intact.