Rheinmetall AG Unsponsored ADR (RNMBY) – What Are Analysts Saying About This Stock?

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has received an average rating of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company.

RNMBY has been the topic of several research analyst reports. Royal Bank Of Canada initiated coverage on 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 research report on Tuesday, September 1st. Finally, Berenberg Bank downgraded Rheinmetall from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th.

Rheinmetall Stock Performance

Shares of RNMBY opened at $228.18 on Friday. The company has a market capitalization of $53.24 billion, a PE ratio of 78.41 and a beta of 0.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.00 and a quick ratio of 0.50. Rheinmetall has a one year low of $206.50 and a one year high of $450.00. The company’s fifty day moving average price is $237.65 and its 200 day moving average price is $264.37.

About Rheinmetall

Rheinmetall AG (OTCMKTS: RNMBY) is a Germany-based defense technology company that develops and manufactures military equipment, weapons systems and related technologies. Its products include armored vehicles, military trucks, artillery systems, air-defense solutions, ammunition, sensors, electronic systems and military communications technologies.

The company serves armed forces and government customers in Germany and other European countries, as well as international markets. Rheinmetall provides complete defense solutions that can include vehicles, weapon stations, ammunition, command-and-control systems, training and simulation services, and maintenance and support.