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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been given a consensus rating of “Buy” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a buy rating and two have assigned a strong buy rating to the company.

A number of analysts have recently issued reports on RNMBY shares. Zacks Research cut Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research note on Friday, January 30th. Finally, Sanford C. Bernstein upgraded shares of Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th.

Rheinmetall Stock Up 2.7%

RNMBY opened at $409.37 on Tuesday. 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 market capitalization of $93.91 billion, a price-to-earnings ratio of 162.45 and a beta of 0.09. The business has a 50 day moving average of $399.44 and a 200-day moving average of $401.77. Rheinmetall has a 1-year low of $184.76 and a 1-year high of $468.90.

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.