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

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

A number of research analysts have recently commented on RNMBY shares. Oddo Bhf raised Rheinmetall to an “outperform” rating in a report on Monday, June 22nd. Citigroup raised Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Santander raised Rheinmetall to an “outperform” rating in a report on Monday, May 4th. Zacks Research raised Rheinmetall from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a report on Monday, April 20th.

Rheinmetall Stock Performance

Shares of RNMBY stock opened at $215.68 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.54. Rheinmetall has a fifty-two week low of $211.20 and a fifty-two week high of $468.90. The stock’s 50-day moving average is $288.12 and its two-hundred day moving average is $350.06. The firm has a market cap of $50.19 billion, a P/E ratio of 101.26 and a beta of 0.12.

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.