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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts have recently commented on FINMY shares. Barclays raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft lowered shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a report on Friday, January 30th.

Leonardo Stock Up 0.2%

FINMY opened at $36.53 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. The business has a 50 day moving average price of $33.31 and a 200 day moving average price of $30.55. Leonardo has a twelve month low of $20.97 and a twelve month high of $36.78.

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.