Record records against the background of increasing German funding

Rheinmetall shares increased by 6.3% to reach a constant level following the German coalition agreement on the new debt financing packages. The defense entrepreneur is to benefit significantly from the infrastructure initiative of 500 billion euros, with substantial portions that are expected to run in the defense sector. This development comes as analysts expresses more and more busy prospects on the company based in Düsseldorf, Hauuck Aufhäuser’s expert even projecting “explosive growth” and almost doubling the price lens to EUR 1,800. The performance of the stock has already exceeded the already optimistic research lens Deutsche Bank, of 1,300 euros, set only a day earlier, demonstrating a robust confidence in the market in Rheinmetall’s market and in the growth trajectory.

The rally in the defense sector wins impulse

Analysis

SOLLEN ANLEGER SOROFOR VERKAUFEN? Oder Lohnt Sich Doch Der Eincieg Bei Rheinmetall?

The positive feeling has expanded beyond Rheinmetall to lift the entire defense industry. German defense feels also registered impressive earnings, Hensoldt ascending by 7.1% and Renk advanced by 6.4%. The international competitors benefited similarly from the rally throughout the sector, as demonstrated by Leonardo and Thales in France, registering 7.1%and 5.6%respectively. This ascending trend reflects the increasing recognition of investors of increased defense expenses in Europe, against the backdrop of increased geopolitical stresses. The larger German market also responded favorably to the budget agreement, the DAX index worshiping 1.9% at 22,987 points.

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