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

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

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

Leonardo Stock Up 3.8%

Shares of OTCMKTS:FINMY opened at $31.29 on Friday. Leonardo has a 1 year low of $25.59 and a 1 year high of $37.51. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.62. The business’s 50-day moving average is $31.60 and its 200-day moving average is $31.84.

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.