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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have commented on the stock. Sanford C. Bernstein raised shares of Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th. Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a research report on Friday, January 30th. Finally, Zacks Research downgraded shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th.

Rheinmetall Price Performance

OTCMKTS:RNMBY opened at $368.02 on Friday. Rheinmetall has a 12-month low of $256.80 and a 12-month high of $468.90. The firm has a market capitalization of $84.42 billion, a price-to-earnings ratio of 146.04 and a beta of 0.12. The stock’s 50 day moving average price is $402.30 and its two-hundred day moving average price is $401.78. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.23.

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.