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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have earned an average recommendation of “Buy” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company.

A number of equities analysts have issued reports on the stock. DZ Bank raised shares of Leonardo to a “strong-buy” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Barclays reiterated an “overweight” rating on shares of Leonardo in a report on Friday, July 3rd. Finally, Royal Bank Of Canada began coverage on shares of Leonardo in a research report on Tuesday, August 11th. They issued a “moderate buy” rating on the stock.

Leonardo Price Performance

FINMY stock opened at $31.72 on Wednesday. Leonardo has a fifty-two week low of $25.59 and a fifty-two 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. The business has a fifty day moving average price of $30.60 and a 200 day moving average price of $31.89.

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.