Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Average Recommendation of “Moderate Buy” by Analysts

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company.

FINMY has been the topic of several research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Leonardo in a research report on Monday, April 27th. Jefferies Financial Group lowered shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Monday, April 20th. Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Zacks Research raised shares of Leonardo to a “hold” rating in a research report on Friday, May 15th. Finally, Barclays raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th.

Leonardo Price Performance

Leonardo stock opened at $30.29 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 and a current ratio of 0.97. Leonardo has a fifty-two week low of $25.59 and a fifty-two week high of $37.51. The firm’s 50-day simple moving average is $32.88 and its 200 day simple moving average is $31.69.

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.