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

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

RNMBY has been the topic of a number of research reports. Oddo Bhf raised shares of Rheinmetall to an “outperform” rating in a research note on Monday. Zacks Research raised shares of Rheinmetall from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Citigroup raised shares of Rheinmetall from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Santander raised shares of Rheinmetall to an “outperform” rating in a research note on Monday, May 4th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Rheinmetall in a research note on Monday, April 20th.

Rheinmetall Stock Performance

Shares of RNMBY stock opened at $215.68 on Monday. The company’s fifty day simple moving average is $288.12 and its 200-day simple moving average is $350.23. Rheinmetall has a 52 week low of $211.20 and a 52 week high of $468.90. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 0.18. The company has a market cap of $50.19 billion, a PE ratio of 101.26 and a beta of 0.12.

Rheinmetall Company Profile

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.