Rheinmetall (OTCMKTS:RNMBY) Rating Increased to Strong-Buy at UBS Group

UBS Group upgraded shares of Rheinmetall (OTCMKTS:RNMBY) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

Rheinmetall Trading Up 0.7 %

Rheinmetall stock opened at $202.80 on Monday. Rheinmetall has a 1 year low of $89.64 and a 1 year high of $205.65. The firm’s 50 day moving average price is $148.21 and its 200-day moving average price is $127.90.

Rheinmetall Company Profile

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.