Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been given an average recommendation of “Moderate Buy” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

FINMY has been the subject of a number of recent research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Zacks Research upgraded Leonardo to a “hold” rating in a research report on Friday, May 15th. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Jefferies Financial Group lowered Leonardo from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Barclays upgraded Leonardo from an “equal weight” rating to an “overweight” rating in a report on Monday, March 9th.

Leonardo Stock Performance

FINMY stock opened at $31.29 on Friday. The company has a fifty day moving average price of $31.60 and a 200-day moving average price of $31.84. 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 52-week low of $25.59 and a 52-week high of $37.51.

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.