Leonardo (OTCMKTS:FINMY) Upgraded at Barclays

Barclays upgraded shares of Leonardo (OTCMKTS:FINMY) from an equal weight rating to an overweight rating in a report published on Monday morning, Marketbeat.com reports.

FINMY has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft cut Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Leonardo Trading Down 3.9%

Shares of FINMY stock opened at $35.12 on Monday. Leonardo has a 52-week low of $20.97 and a 52-week high of $36.78. The business’s fifty day moving average is $33.44 and its 200 day moving average is $30.59. The company has a current ratio of 0.97, a quick ratio of 0.59 and a debt-to-equity ratio of 0.19.

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.