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

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

Several equities research analysts have recently commented on FINMY shares. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Zacks Research raised Leonardo to a “hold” rating in a report on Friday, May 15th. Jefferies Financial Group downgraded Leonardo from a “buy” rating to a “hold” rating in a report on Monday, April 20th. Morgan Stanley reissued an “overweight” rating on shares of Leonardo in a research note on Monday, April 27th. Finally, Barclays raised Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 9th.

Leonardo Price Performance

Shares of OTCMKTS FINMY opened at $30.29 on Monday. Leonardo has a 12 month low of $25.59 and a 12 month 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 simple moving average of $32.88 and a 200-day simple moving average of $31.67.

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.