Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have received an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently weighed in on FINMY. Deutsche Bank Aktiengesellschaft lowered shares of Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Leonardo in a report on Friday, January 30th.

Leonardo Trading Up 3.5%

OTCMKTS:FINMY opened at $34.03 on Wednesday. The business has a 50 day moving average of $32.99 and a 200 day moving average of $30.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. Leonardo has a 1-year low of $20.97 and a 1-year high of $35.30.

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.