Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Rheinmetall AG Unsponsored ADR (OTCMKTS:RNMBY) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company.

A number of equities research analysts have recently commented on the company. Berenberg Bank cut Rheinmetall from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Zacks Research raised Rheinmetall from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 1st. Finally, Royal Bank Of Canada began coverage on shares of Rheinmetall in a research note on Tuesday, August 11th. They issued a “moderate buy” rating for the company.

Rheinmetall Stock Performance

Shares of RNMBY opened at $231.17 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.50 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $53.94 billion, a price-to-earnings ratio of 79.44 and a beta of 0.18. The stock has a 50 day moving average of $233.70 and a 200 day moving average of $298.18. Rheinmetall has a 12 month low of $206.50 and a 12 month high of $450.00.

Rheinmetall Company Profile

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.