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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

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

Leonardo Stock Performance

FINMY stock opened at $31.58 on Friday. The company has a fifty day moving average price of $29.58 and a 200-day moving average price of $31.96. Leonardo has a 52-week low of $25.59 and a 52-week high of $37.51. The company has a quick ratio of 0.62, a current ratio of 0.97 and a debt-to-equity ratio of 0.18.

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.