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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

A number of equities research analysts have recently issued reports on FINMY shares. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. DZ Bank raised shares of Leonardo to a “strong-buy” rating in a research note on Tuesday, July 21st. Barclays restated an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Finally, Zacks Research upgraded Leonardo to a “hold” rating in a report on Friday, May 15th.

Leonardo Stock Performance

Shares of OTCMKTS:FINMY opened at $33.66 on Friday. The company has a 50-day moving average price of $29.78 and a 200 day moving average price of $31.92. Leonardo has a 52 week low of $25.59 and a 52 week high of $37.51. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 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.