Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.

Several research firms have weighed in on RNMBY. Santander raised Rheinmetall to an “outperform” rating in a report on Monday, May 4th. Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Jefferies Financial Group reiterated a “buy” rating on shares of Rheinmetall in a research report on Monday, April 20th. Finally, Citigroup upgraded Rheinmetall from a “hold” rating to a “buy” rating in a research report on Monday, May 18th.

Rheinmetall Stock Performance

OTCMKTS:RNMBY opened at $270.25 on Monday. The business’s 50-day moving average price is $299.74 and its two-hundred day moving average price is $354.35. Rheinmetall has a twelve month low of $259.76 and a twelve month high of $468.90. The stock has a market cap of $62.89 billion, a P/E ratio of 126.88 and a beta of 0.12. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 0.18.

About Rheinmetall

Rheinmetall AG is a Germany-based technology group specializing in defense and automotive solutions. Established in 1889 and headquartered in Düsseldorf, the company operates through two core divisions: Defense and Mobility (formerly Automotive). With a long heritage in engineering and manufacturing, Rheinmetall has evolved into a leading supplier of military vehicles, weapons systems and civilian mobility components, serving customers worldwide.

The Defense division develops and produces a broad portfolio of products and services for armed forces.