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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

A number of research firms have recently commented on FINMY. Barclays reiterated an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. Zacks Research upgraded shares of Leonardo to a “hold” rating in a research report on Friday, May 15th. Jefferies Financial Group raised shares of Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday. Citigroup upgraded shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st.

Leonardo Trading Down 2.1%

OTCMKTS:FINMY opened at $28.97 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.97 and a debt-to-equity ratio of 0.18. Leonardo has a 1 year low of $25.59 and a 1 year high of $37.51. The stock’s 50 day simple moving average is $29.74 and its two-hundred day simple moving average is $32.07.

Leonardo Company Profile

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.