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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has earned a consensus recommendation of “Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have weighed in on RNMBY shares. Zacks Research upgraded shares of Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. Jefferies Financial Group reiterated a “buy” rating on shares of Rheinmetall in a research report on Monday, April 20th. Santander upgraded shares of Rheinmetall to an “outperform” rating in a research report on Monday, May 4th. Finally, Citigroup upgraded shares of Rheinmetall from a “hold” rating to a “buy” rating in a research note on Monday, May 18th.

Rheinmetall Stock Down 0.1%

RNMBY opened at $277.44 on Thursday. The company has a current ratio of 1.20, a quick ratio of 0.68 and a debt-to-equity ratio of 0.21. Rheinmetall has a 1-year low of $259.76 and a 1-year high of $468.90. The company has a market capitalization of $64.56 billion, a PE ratio of 130.25 and a beta of 0.12. The firm’s 50 day simple moving average is $317.15 and its two-hundred day simple moving average is $361.62.

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.