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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

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

Rheinmetall Price Performance

RNMBY opened at $400.65 on Tuesday. The firm’s fifty day moving average price is $400.76 and its two-hundred day moving average price is $401.73. The company has a market capitalization of $91.91 billion, a price-to-earnings ratio of 158.99 and a beta of 0.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.14 and a quick ratio of 0.49. Rheinmetall has a 1 year low of $195.25 and a 1 year high of $468.90.

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.