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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBYGet Free Report) have earned a consensus rating of “Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company.

RNMBY has been the subject of several research reports. Zacks Research upgraded Rheinmetall to a “hold” rating in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rheinmetall in a research report on Wednesday, October 15th. Finally, Sanford C. Bernstein upgraded Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th.

Read Our Latest Research Report on Rheinmetall

Rheinmetall Price Performance

Shares of OTCMKTS RNMBY opened at $433.47 on Friday. Rheinmetall has a twelve month low of $142.03 and a twelve month high of $468.90. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $383.85 and a two-hundred day moving average of $403.35. The stock has a market cap of $99.44 billion, a P/E ratio of 172.01 and a beta of 0.10.

Rheinmetall (OTCMKTS:RNMBYGet Free Report) last posted its earnings results on Thursday, November 6th. The company reported $0.77 earnings per share for the quarter. The business had revenue of $3.25 billion for the quarter.

About Rheinmetall

(Get Free Report)

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.

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Analyst Recommendations for Rheinmetall (OTCMKTS:RNMBY)

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