Leonardo (OTCMKTS:FINMY) Upgraded to “Strong-Buy” at DZ Bank

Leonardo (OTCMKTS:FINMY) was upgraded by analysts at DZ Bank to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

FINMY has been the subject of several other research reports. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Jefferies Financial Group upgraded Leonardo from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. Citigroup raised Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Zacks Research upgraded Leonardo to a “hold” rating in a report on Friday, May 15th. Finally, Barclays reissued an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Leonardo Stock Up 0.6%

Shares of FINMY stock opened at $29.09 on Tuesday. Leonardo has a 52-week low of $25.59 and a 52-week 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 firm’s 50 day moving average price is $29.44 and its two-hundred day moving average price is $32.06.

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.