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

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

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

Rheinmetall Trading Up 0.0%

Shares of Rheinmetall stock opened at $409.51 on Tuesday. Rheinmetall has a twelve month low of $184.76 and a twelve month high of $468.90. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.23. The business has a 50-day moving average price of $400.01 and a 200-day moving average price of $401.72. The firm has a market cap of $93.94 billion, a price-to-earnings ratio of 162.50 and a beta of 0.09.

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.