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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been given a consensus recommendation of “Buy” by the six brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

A number of brokerages recently commented on RNMBY. The Goldman Sachs Group began coverage on Rheinmetall in a research report on Friday, September 19th. They issued a “buy” rating for the company. Sanford C. Bernstein began coverage on Rheinmetall in a report on Friday, September 26th. They set a “hold” rating on the stock. Barclays began coverage on Rheinmetall in a report on Monday, September 8th. They set an “overweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rheinmetall in a report on Wednesday.

Rheinmetall Price Performance

Shares of RNMBY stock opened at $389.60 on Wednesday. The stock has a 50-day moving average price of $418.93 and a 200 day moving average price of $394.07. The company has a current ratio of 1.15, a quick ratio of 0.47 and a debt-to-equity ratio of 0.25. Rheinmetall has a 12 month low of $101.31 and a 12 month high of $468.90.

Rheinmetall (OTCMKTS:RNMBY) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.68 EPS for the quarter. The firm had revenue of $2.76 billion during the quarter.

Rheinmetall Company Profile

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.