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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have earned a consensus recommendation of “Buy” from the nine brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company.

A number of analysts have weighed in on RNMBY shares. Citigroup upgraded Rheinmetall from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research note on Monday, April 20th. Finally, Santander upgraded Rheinmetall to an “outperform” rating in a research note on Monday, May 4th.

Rheinmetall Stock Down 0.1%

Rheinmetall stock opened at $286.79 on Thursday. Rheinmetall has a 1-year low of $259.76 and a 1-year high of $468.90. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.20 and a quick ratio of 0.68. The stock has a market cap of $66.74 billion, a PE ratio of 134.64 and a beta of 0.16. The stock’s fifty day moving average is $324.25 and its two-hundred day moving average is $365.80.

Rheinmetall Company Profile

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.