The defense sector outlook continues to favor Rheinmetall, as geopolitical tensions boost demand for armored vehicles. Forecasts project 18% revenue growth in 2024, lifting investor sentiment and supporting mid-term price gains. Unlock the potential of innovative healthcare by uncovering new frontiers in medical breakthroughs and smart diagnostics with healthcare AI stocks . Rheinmetall AG ( ETR:RHM - Get Free Report ) shares fell 8% during mid-day trading on Friday . The company traded as low as €1,641.00 ($1,908.14) and last traded at €1,641.00 ($1,908.14). 651,875 shares changed hands during trading, an increase of 307% from the average session volume of 160,244 shares. The stock had previously closed at €1,783.50 ($2,073.84). Equity analysts point out that Rheinmetall’s forward PEG ratio sits attractively low at 1.
