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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company.

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

Rheinmetall Trading Up 1.9%

RNMBY stock opened at $228.74 on Friday. The company has a market capitalization of $53.23 billion, a PE ratio of 107.39 and a beta of 0.18. Rheinmetall has a 12 month low of $211.20 and a 12 month high of $468.90. The firm’s 50-day moving average is $258.85 and its 200 day moving average is $334.20. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.54.

About Rheinmetall

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.