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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently 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.

Several equities research analysts have commented on the stock. Zacks Research lowered shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Santander upgraded shares of Rheinmetall to an “outperform” rating in a research note on Monday, May 4th. Citigroup raised shares of Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research report on Monday, April 20th. Finally, Oddo Bhf raised shares of Rheinmetall to an “outperform” rating in a report on Monday, June 22nd.

Rheinmetall Stock Performance

OTCMKTS:RNMBY opened at $225.31 on Friday. The stock has a fifty day moving average price of $260.78 and a two-hundred day moving average price of $336.16. The stock has a market capitalization of $52.43 billion, a price-to-earnings ratio of 105.78 and a beta of 0.18. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.04. Rheinmetall has a 1 year low of $211.20 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.