Leonardo (OTCMKTS:FINMY) Upgraded to “Strong-Buy” at DZ Bank

DZ Bank upgraded shares of Leonardo (OTCMKTS:FINMY) to a strong-buy rating in a research note released on Tuesday morning,Zacks.com reports.

Other research analysts also recently issued reports about the company. Zacks Research upgraded Leonardo to a “hold” rating in a research note on Friday, May 15th. Barclays restated an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. Jefferies Financial Group raised shares of Leonardo from a “hold” rating to a “buy” rating in a report on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Finally, Citigroup upgraded shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

Leonardo Trading Up 0.6%

OTCMKTS:FINMY opened at $29.09 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.62. The stock has a 50-day simple moving average of $29.44 and a two-hundred day simple moving average of $32.06. Leonardo has a 52-week low of $25.59 and a 52-week 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.