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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) have received a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.

Several analysts have recently issued reports on RNMBY shares. Royal Bank Of Canada began coverage on shares of Rheinmetall in a research report on Tuesday, August 11th. They issued a “moderate buy” rating on the stock. Zacks Research raised Rheinmetall from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. Finally, Oddo Bhf upgraded Rheinmetall to an “outperform” rating in a research report on Monday, June 22nd.

Rheinmetall Stock Performance

OTCMKTS RNMBY opened at $215.06 on Wednesday. The stock has a market capitalization of $50.18 billion, a price-to-earnings ratio of 73.90 and a beta of 0.18. Rheinmetall has a twelve month low of $211.20 and a twelve month high of $468.00. The company has a current ratio of 1.00, a quick ratio of 0.50 and a debt-to-equity ratio of 0.21. The stock has a 50-day moving average of $250.48 and a 200 day moving average of $276.91.

Rheinmetall Company Profile

Rheinmetall AG is a German defense technology company headquartered in Düsseldorf. Founded in 1889, the group develops and manufactures military equipment and systems for armed forces, government agencies and security organizations in Germany and international markets.

Its portfolio includes tracked and wheeled military vehicles, combat vehicles, artillery systems, weapons, ammunition and air-defense technology. Rheinmetall also provides military electronics, sensors, command-and-control systems, simulation and training solutions, as well as protection and reconnaissance technologies.

The company serves customers across Europe and other regions, including NATO member states and partner nations.