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

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has received an average recommendation of “Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

A number of brokerages have commented on RNMBY. Barclays began coverage on shares of Rheinmetall in a report on Monday, September 8th. They issued an “overweight” rating on the stock. Sanford C. Bernstein began coverage on Rheinmetall in a research note on Friday, September 26th. They issued a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Rheinmetall in a research note on Wednesday, October 15th. Finally, The Goldman Sachs Group began coverage on Rheinmetall in a research report on Friday, September 19th. They issued a “buy” rating on the stock.

Rheinmetall Stock Up 2.7%

Rheinmetall stock opened at $405.00 on Friday. Rheinmetall has a one year low of $115.86 and a one year high of $468.90. The stock’s 50 day moving average price is $427.69 and its 200 day moving average price is $405.57. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.15 and a quick ratio of 0.47.

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

About Rheinmetall

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.