Rheinmetall is trading 4.08% up now at €1188.80 after RBC Capital Markets initiated coverage with an Outperform rating and a €1,600 price target.

  • RBC cited attractive exposure to European rearmament and projected 35% average EBITA growth through 2030.
  • The broader European defense sector gained support from expectations of sustained rearmament spending, reinforcing investor interest in Rheinmetall shares on August 12, 2026.