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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has earned a consensus rating of “Moderate Buy” from the ten research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company.

A number of analysts have recently issued reports on RNMBY shares. Royal Bank Of Canada began coverage on Rheinmetall in a research report on Tuesday, August 11th. They set a “moderate buy” rating on the stock. Citigroup upgraded Rheinmetall from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Zacks Research raised Rheinmetall from a “strong sell” rating to a “hold” rating in a report on Tuesday. Finally, Oddo Bhf raised Rheinmetall to an “outperform” rating in a report on Monday, June 22nd.

Rheinmetall Stock Performance

Shares of OTCMKTS:RNMBY opened at $240.07 on Friday. The business’s 50-day simple moving average is $252.52 and its 200 day simple moving average is $299.28. The company has a market cap of $56.02 billion, a P/E ratio of 82.50 and a beta of 0.17. Rheinmetall has a one year low of $211.20 and a one year high of $468.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.04.

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.