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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have issued reports on RNMBY shares. Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a research report on Friday, January 30th. Zacks Research downgraded shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Finally, Sanford C. Bernstein raised shares of Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th.

Rheinmetall Stock Down 4.3%

Shares of Rheinmetall stock opened at $351.67 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.23. The company’s fifty day simple moving average is $376.36 and its two-hundred day simple moving average is $393.37. The company has a market cap of $81.58 billion, a P/E ratio of 139.55 and a beta of 0.25. Rheinmetall has a 12-month low of $275.92 and a 12-month 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.