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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company.

RNMBY has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a report on Friday, January 30th. Zacks Research cut shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Finally, Sanford C. Bernstein upgraded shares of Rheinmetall from a “hold” rating to an “outperform” rating in a research note on Thursday, December 11th.

Rheinmetall Price Performance

RNMBY opened at $364.50 on Friday. The firm has a market capitalization of $83.62 billion, a PE ratio of 144.64 and a beta of 0.12. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.14 and a quick ratio of 0.49. The business’s 50-day moving average is $404.77 and its two-hundred day moving average is $401.84. Rheinmetall has a 1 year low of $256.80 and a 1 year 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.