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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts have weighed in on the stock. Zacks Research cut shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a report on Friday, January 30th. Finally, Sanford C. Bernstein raised Rheinmetall from a “hold” rating to an “outperform” rating in a research report on Thursday, December 11th.

Rheinmetall Price Performance

Shares of RNMBY opened at $344.90 on Friday. The company’s 50-day moving average is $398.85 and its 200-day moving average is $401.22. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.14 and a quick ratio of 0.49. The firm has a market capitalization of $79.12 billion, a PE ratio of 136.87 and a beta of 0.12. Rheinmetall has a fifty-two week low of $256.80 and a fifty-two week 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.