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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has been given an average rating of “Moderate Buy” by the seven research firms that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several research firms have recently weighed in on FINMY. Jefferies Financial Group downgraded Leonardo from a “buy” rating to a “hold” rating in a report on Monday, April 20th. Morgan Stanley reissued an “overweight” rating on shares of Leonardo in a report on Monday, April 27th. Barclays raised Leonardo from an “equal weight” rating to an “overweight” rating in a report on Monday, March 9th. Finally, Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st.

Leonardo Stock Performance

Shares of Leonardo stock opened at $28.58 on Monday. The company has a fifty day simple moving average of $33.40 and a 200-day simple moving average of $31.68. Leonardo has a 12-month low of $25.59 and a 12-month high of $37.51. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 and a current ratio of 0.97.

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.