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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company.

A number of brokerages have recently commented on RNMBY. Zacks Research raised Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a report on Monday, April 20th. Citigroup raised Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Finally, Santander raised Rheinmetall to an “outperform” rating in a report on Monday, May 4th.

Rheinmetall Price Performance

Shares of OTCMKTS RNMBY opened at $270.25 on Monday. Rheinmetall has a one year low of $259.76 and a one year high of $468.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.54. The business’s fifty day moving average price is $299.74 and its 200-day moving average price is $354.35. The stock has a market capitalization of $62.89 billion, a PE ratio of 126.88 and a beta of 0.12.

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.