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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have received an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating on the company.

A number of equities analysts have commented on the stock. Jefferies Financial Group downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Zacks Research raised shares of Leonardo to a “hold” rating in a research note on Friday, May 15th. Barclays raised shares of Leonardo from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st. Finally, Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st.

Leonardo Stock Performance

Shares of Leonardo stock opened at $29.56 on Friday. Leonardo has a one year low of $25.59 and a one year high of $37.51. The company has a current ratio of 0.97, a quick ratio of 0.62 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average price is $31.09 and its 200 day moving average price is $31.98.

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.