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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has earned a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company.

A number of research firms have weighed in on RNMBY. Santander raised Rheinmetall to an “outperform” rating in a research report on Monday, May 4th. Citigroup raised Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group restated a “buy” rating on shares of Rheinmetall in a research note on Monday, April 20th. Royal Bank Of Canada initiated coverage on Rheinmetall in a report on Tuesday. They set an “outperform” rating for the company. Finally, Oddo Bhf upgraded shares of Rheinmetall to an “outperform” rating in a research report on Monday, June 22nd.

Rheinmetall Stock Performance

OTCMKTS RNMBY opened at $263.70 on Tuesday. The firm has a market cap of $61.52 billion, a P/E ratio of 123.80 and a beta of 0.18. Rheinmetall has a 52-week low of $211.20 and a 52-week high of $468.90. The business’s 50-day moving average price is $252.22 and its 200 day moving average price is $317.59. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio 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.