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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several analysts have issued reports on FINMY shares. Barclays raised Leonardo from an “equal weight” rating to an “overweight” rating in a report on Monday, March 9th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Leonardo in a research report on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft downgraded Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th.

Leonardo Price Performance

OTCMKTS:FINMY opened at $33.58 on Friday. Leonardo has a one year low of $20.97 and a one year high of $37.51. The business has a fifty day moving average price of $33.95 and a 200-day moving average price of $31.26. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97.

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.