Rheinmetall (OTCMKTS:RNMBY) Upgraded to Strong-Buy at UBS Group

Rheinmetall (OTCMKTS:RNMBY) was upgraded by investment analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Rheinmetall Stock Performance

Rheinmetall stock opened at $202.80 on Monday. The company’s 50-day moving average is $148.21 and its 200-day moving average is $127.90. Rheinmetall has a fifty-two week low of $89.64 and a fifty-two week high of $205.65.

Rheinmetall Company Profile

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.