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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have earned a consensus recommendation of “Buy” from the nine ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company.

Several research analysts have commented on FINMY shares. Zacks Research raised Leonardo to a “hold” rating in a research report on Friday, May 15th. Barclays reissued an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. DZ Bank raised shares of Leonardo to a “strong-buy” rating in a report on Tuesday, July 21st. Morgan Stanley restated an “overweight” rating on shares of Leonardo in a report on Monday, June 1st. Finally, Royal Bank Of Canada initiated coverage on shares of Leonardo in a research report on Tuesday, August 11th. They set a “moderate buy” rating for the company.

Leonardo Stock Performance

OTCMKTS FINMY opened at $31.72 on Wednesday. Leonardo has a twelve month low of $25.59 and a twelve month high of $37.51. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.62. The stock has a 50-day simple moving average of $30.60 and a 200 day simple moving average of $31.89.

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.