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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and eight have issued a buy rating on the company.

A number of equities analysts have commented on the stock. Oddo Bhf raised shares of Rheinmetall to an “outperform” rating in a research note on Monday, June 22nd. Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a research note on Monday, April 20th. Citigroup upgraded shares of Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Zacks Research lowered shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Finally, Santander upgraded Rheinmetall to an “outperform” rating in a report on Monday, May 4th.

Rheinmetall Trading Down 1.8%

Shares of RNMBY stock opened at $218.55 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. Rheinmetall has a twelve month low of $211.20 and a twelve month high of $468.90. The company’s 50-day moving average price is $261.97 and its 200-day moving average price is $337.09. The stock has a market cap of $50.86 billion, a price-to-earnings ratio of 102.61 and a beta of 0.18.

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.