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

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

Several brokerages have issued reports on RNMBY. Zacks Research cut Rheinmetall from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research note on Friday, January 30th.

Rheinmetall Stock Performance

Shares of RNMBY stock opened at $341.86 on Wednesday. Rheinmetall has a 12 month low of $300.39 and a 12 month high of $468.90. 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 firm has a market capitalization of $79.30 billion, a P/E ratio of 135.66 and a beta of 0.25. The company’s fifty day moving average price is $371.92 and its two-hundred day moving average price is $392.16.

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.