Rheinmetall AG Unsponsored ADR (RNMBY) – What Are Researchers Thinking About This Stock?

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been given an average recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company.

Several equities analysts recently issued reports on the company. Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 1st. Berenberg Bank cut Rheinmetall from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, Royal Bank Of Canada initiated coverage on Rheinmetall in a research report on Tuesday, August 11th. They set a “moderate buy” rating on the stock.

Rheinmetall Stock Down 0.3%

OTCMKTS RNMBY opened at $228.18 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.50 and a current ratio of 1.00. The firm has a 50-day simple moving average of $237.65 and a 200 day simple moving average of $264.37. Rheinmetall has a twelve month low of $206.50 and a twelve month high of $450.00. The stock has a market cap of $53.24 billion, a PE ratio of 78.41 and a beta of 0.18.

About Rheinmetall

Rheinmetall AG (OTCMKTS: RNMBY) is a Germany-based defense technology company that develops and manufactures military equipment, weapons systems and related technologies. Its products include armored vehicles, military trucks, artillery systems, air-defense solutions, ammunition, sensors, electronic systems and military communications technologies.

The company serves armed forces and government customers in Germany and other European countries, as well as international markets. Rheinmetall provides complete defense solutions that can include vehicles, weapon stations, ammunition, command-and-control systems, training and simulation services, and maintenance and support.