Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Given Consensus Rating of “Moderate Buy” by Analysts

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company.

RNMBY has been the subject of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Rheinmetall in a report on Friday, January 30th. Zacks Research lowered shares of Rheinmetall from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Finally, Sanford C. Bernstein upgraded shares of Rheinmetall from a “hold” rating to an “outperform” rating in a report on Thursday, December 11th.

Rheinmetall Trading Down 4.3%

OTCMKTS:RNMBY opened at $351.67 on Wednesday. The company has a fifty day moving average of $376.36 and a 200 day moving average of $393.37. Rheinmetall has a 52 week low of $275.92 and a 52 week high of $468.90. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $81.58 billion, a P/E ratio of 139.55 and a beta of 0.25.

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.