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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company.

Several equities research analysts have recently commented on RNMBY shares. Zacks Research lowered Rheinmetall from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Oddo Bhf upgraded Rheinmetall to an “outperform” rating in a research report on Monday, June 22nd. Citigroup raised shares of Rheinmetall from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Rheinmetall in a research note on Monday, April 20th. Finally, Santander upgraded shares of Rheinmetall to an “outperform” rating in a research report on Monday, May 4th.

Rheinmetall Trading Down 0.5%

Shares of RNMBY opened at $263.70 on Tuesday. Rheinmetall has a twelve month low of $211.20 and a twelve month 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 firm has a market capitalization of $61.52 billion, a P/E ratio of 123.80 and a beta of 0.18. The firm’s 50-day moving average is $252.22 and its two-hundred day moving average is $317.59.

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.