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

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

RNMBY has been the subject of several research reports. Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 1st. Royal Bank Of Canada started coverage on Rheinmetall in a report on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Finally, Oddo Bhf upgraded Rheinmetall to an “outperform” rating in a research report on Monday, June 22nd.

Rheinmetall Price Performance

Shares of OTCMKTS RNMBY opened at $215.06 on Wednesday. The stock has a market cap of $50.18 billion, a price-to-earnings ratio of 73.90 and a beta of 0.18. Rheinmetall has a 52 week low of $211.20 and a 52 week high of $468.00. The company’s 50-day moving average price is $250.48 and its 200 day moving average price is $277.60. The company has a current ratio of 1.00, a quick ratio of 0.50 and a debt-to-equity ratio of 0.21.

About Rheinmetall

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.