Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Receives Average Rating of “Buy” from Brokerages

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have received a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Rheinmetall in a research note on Wednesday, October 15th. Barclays initiated coverage on Rheinmetall in a report on Monday, September 8th. They issued an “overweight” rating on the stock. Sanford C. Bernstein began coverage on Rheinmetall in a report on Friday, September 26th. They set a “hold” rating for the company. Finally, The Goldman Sachs Group assumed coverage on Rheinmetall in a research note on Friday, September 19th. They issued a “buy” rating on the stock.

Rheinmetall Trading Down 1.9%

RNMBY opened at $398.49 on Friday. The stock has a 50-day moving average of $427.88 and a 200 day moving average of $408.69. The company has a current ratio of 1.15, a quick ratio of 0.47 and a debt-to-equity ratio of 0.25. Rheinmetall has a 12 month low of $120.87 and a 12 month high of $468.90.

Rheinmetall (OTCMKTS:RNMBY) last announced its earnings results on Thursday, November 6th. The company reported $0.77 EPS for the quarter. The company had revenue of $3.25 billion during the quarter.

About Rheinmetall

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.