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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company.

RNMBY has been the topic of a number of recent research reports. Royal Bank Of Canada initiated coverage on shares of Rheinmetall in a research note on Tuesday, August 11th. They issued a “moderate buy” rating on the stock. Oddo Bhf raised Rheinmetall to an “outperform” rating in a report on Monday, June 22nd. Finally, Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 1st.

Rheinmetall Stock Down 2.4%

RNMBY stock opened at $214.50 on Wednesday. The company has a fifty day moving average price of $249.39 and a 200 day moving average price of $274.73. Rheinmetall has a 12 month low of $211.20 and a 12 month high of $450.91. The company has a market cap of $50.05 billion, a price-to-earnings ratio of 73.71 and a beta of 0.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.00 and a quick ratio of 0.50.

Rheinmetall Company Profile

Rheinmetall AG is a German defense technology company headquartered in Düsseldorf. Founded in 1889, the group develops and manufactures military equipment and systems for armed forces, government agencies and security organizations in Germany and international markets.

Its portfolio includes tracked and wheeled military vehicles, combat vehicles, artillery systems, weapons, ammunition and air-defense technology. Rheinmetall also provides military electronics, sensors, command-and-control systems, simulation and training solutions, as well as protection and reconnaissance technologies.

The company serves customers across Europe and other regions, including NATO member states and partner nations.