Rheinmetall (OTCMKTS:RNMBY) Upgraded by UBS Group to “Strong-Buy” Rating

Rheinmetall (OTCMKTS:RNMBYGet Free Report) was upgraded by equities research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Rheinmetall Price Performance

OTCMKTS:RNMBY opened at $202.80 on Monday. The stock has a 50-day simple moving average of $148.21 and a two-hundred day simple moving average of $127.90. Rheinmetall has a 52-week low of $89.64 and a 52-week high of $205.65.

About Rheinmetall

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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.

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