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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

FINMY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Leonardo in a report on Friday, January 30th.

Leonardo Stock Up 3.5%

Leonardo stock opened at $34.03 on Wednesday. Leonardo has a fifty-two week low of $20.97 and a fifty-two week high of $35.30. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. The firm’s 50-day simple moving average is $32.99 and its 200 day simple moving average is $30.36.

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.