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

Shares of Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBYGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and nine have given a buy recommendation to the company.

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

View Our Latest Stock Report on Rheinmetall

Rheinmetall Stock Up 1.0%

Shares of RNMBY opened at $280.81 on Tuesday. The firm has a market cap of $65.51 billion, a P/E ratio of 96.50 and a beta of 0.18. The stock has a 50 day simple moving average of $251.76 and a two-hundred day simple moving average of $311.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.04 and a quick ratio of 0.54. Rheinmetall has a 1 year low of $211.20 and a 1 year high of $468.90.

Rheinmetall Company Profile

(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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