The Rheinmetall share $RHM (-0,18 %) has experienced a strong upswing after Morgan Stanley issued a price target of 1,300 euros. On Thursday, the share price climbed by 3.7 percent and exceeded the 1,000 euro mark. Analyst Marie-Ange Riggio still sees a lot of potential, even after the impressive price increase.
Since the beginning of the Russian war of aggression, the value of Rheinmetall shares has increased tenfold. Riggio believes that with a hypothetical increase in defense spending in Europe to three percent of GDP, earnings could rise by 40 percent by 2030.
The Hensoldt share $HAG (-2,18 %) shares also rose after the publication of business figures, reaching a record high of EUR 54.50, up 6.8 percent.
Source: https://www.finanzen.net/nachricht/aktien/positive-analyse-rheinmetall-aktie-knackt-dank-hohem-kursziel-durch-morgan-stanley-die-1-000-euro-marke-14276426