Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Receives Average Rating of “Moderate Buy” from Analysts

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

A number of brokerages have recently commented on RNMBY. Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a report on Monday, April 20th. Citigroup raised Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Santander raised shares of Rheinmetall to an “outperform” rating in a research report on Monday, May 4th. Zacks Research lowered Rheinmetall from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Finally, Oddo Bhf raised shares of Rheinmetall to an “outperform” rating in a report on Monday, June 22nd.

Rheinmetall Stock Performance

Shares of OTCMKTS RNMBY opened at $231.68 on Friday. The business’s 50-day moving average price is $257.50 and its two-hundred day moving average price is $332.22. Rheinmetall has a one year low of $211.20 and a one year high of $468.90. The company has a market capitalization of $53.91 billion, a P/E ratio of 108.77 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.54.

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.