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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has been assigned a consensus rating of “Buy” from the nine research firms that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

FINMY has been the topic of several research reports. Morgan Stanley restated an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Jefferies Financial Group raised shares of Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. DZ Bank upgraded shares of Leonardo to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada assumed coverage on shares of Leonardo in a research report on Tuesday, August 11th. They issued a “moderate buy” rating for the company.

Leonardo Stock Down 1.5%

Shares of OTCMKTS FINMY opened at $29.41 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.97 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $30.72 and a two-hundred day simple moving average of $31.85. Leonardo has a twelve month low of $25.59 and a twelve month high of $37.51.

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.