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

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 currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company.

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

Leonardo Trading Down 0.0%

Shares of OTCMKTS:FINMY opened at $30.00 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 and a current ratio of 0.97. The company has a fifty day simple moving average of $31.26 and a 200 day simple moving average of $31.93. Leonardo has a 12-month low of $25.59 and a 12-month high of $37.51.

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.