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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has been assigned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company.

Several research analysts recently commented on FINMY shares. Barclays raised Leonardo from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a research note on Friday, January 30th. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft cut shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th.

Leonardo Price Performance

OTCMKTS:FINMY opened at $35.91 on Friday. Leonardo has a 52-week low of $20.97 and a 52-week high of $37.51. The stock’s 50-day simple moving average is $34.06 and its 200 day simple moving average is $31.38.

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.