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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been given an average rating of “Moderate Buy” by the eight brokerages that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

FINMY has been the topic of a number of research analyst reports. Barclays upgraded shares of Leonardo to a “hold” rating in a research note on Monday, September 8th. The Goldman Sachs Group upgraded Leonardo to a “hold” rating in a research report on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Leonardo in a research note on Monday, October 6th.

Leonardo Stock Performance

Leonardo stock opened at $29.17 on Friday. Leonardo has a 52 week low of $13.17 and a 52 week high of $33.16. The company’s 50-day moving average price is $28.43 and its two-hundred day moving average price is $28.46. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59.

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.