Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Consensus Rating of “Moderate Buy” by Brokerages

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research firms recently weighed in on FINMY. Barclays raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th. Jefferies Financial Group reissued a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th.

Leonardo Price Performance

Shares of FINMY opened at $32.33 on Friday. The firm has a 50-day simple moving average of $34.02 and a two-hundred day simple moving average of $31.20. Leonardo has a 1-year low of $20.97 and a 1-year high of $37.51. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.

About Leonardo

Leonardo S.p.A. is an Italy-based global aerospace, defence and security company that designs, manufactures and supports a broad range of products and systems for military, government and commercial customers. Its core activities span helicopters and fixed-wing aircraft, avionics and mission systems, air and naval defence electronics (including radars and sensors), cybersecurity and secure communications, as well as space systems and services. The company also provides systems integration, mission support, maintenance, repair and overhaul (MRO) and training services across its product lines.

The business traces its modern identity to the former Finmeccanica group and was rebranded as Leonardo in 2017, reflecting a strategic emphasis on technology, research and innovation.