Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Given Average Rating of “Buy” by Analysts

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been assigned an average recommendation of “Buy” from the eight analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Several equities research analysts recently weighed in on RNMBY shares. Zacks Research cut shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Sanford C. Bernstein raised shares of Rheinmetall from a “hold” rating to an “outperform” rating in a report on Thursday, December 11th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research report on Friday, January 30th.

Rheinmetall Price Performance

Shares of OTCMKTS RNMBY opened at $383.51 on Tuesday. The business has a fifty day moving average price of $398.43 and a two-hundred day moving average price of $401.84. The stock has a market capitalization of $87.98 billion, a PE ratio of 152.19 and a beta of 0.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.14 and a quick ratio of 0.49. Rheinmetall has a fifty-two week low of $169.67 and a fifty-two week high of $468.90.

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.