Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Given Average Recommendation of “Buy” by Analysts

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBYGet Free Report) has been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating on the company.

RNMBY has been the topic of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on Rheinmetall in a research report on Friday, September 19th. They set a “buy” rating on the stock. Barclays assumed coverage on Rheinmetall in a research note on Monday, September 8th. They set an “overweight” rating on the stock. Zacks Research upgraded Rheinmetall to a “hold” rating in a research note on Friday, December 19th. Sanford C. Bernstein upgraded Rheinmetall from a “hold” rating to an “outperform” rating in a research note on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Rheinmetall in a research report on Wednesday, October 15th.

Read Our Latest Analysis on Rheinmetall

Rheinmetall Stock Up 2.9%

RNMBY stock opened at $376.03 on Monday. Rheinmetall has a one year low of $124.57 and a one year high of $468.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.14 and a quick ratio of 0.49. The firm has a 50-day simple moving average of $374.17 and a two-hundred day simple moving average of $400.94.

Rheinmetall (OTCMKTS:RNMBYGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.77 EPS for the quarter. The firm had revenue of $3.25 billion for the quarter.

About Rheinmetall

(Get Free Report)

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.

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Analyst Recommendations for Rheinmetall (OTCMKTS:RNMBY)

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