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

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

Several equities analysts have commented on FINMY shares. Jefferies Financial Group lowered shares of Leonardo from a “buy” rating to a “hold” rating in a report on Monday, April 20th. Morgan Stanley restated an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st. Barclays reiterated an “overweight” rating on shares of Leonardo in a research note on Friday. Citigroup upgraded Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Zacks Research raised Leonardo to a “hold” rating in a research note on Friday, May 15th.

Leonardo Stock Performance

Shares of OTCMKTS:FINMY traded down $0.68 during trading on Tuesday, reaching $30.74. 16,560 shares of the stock were exchanged, compared to its average volume of 85,103. Leonardo has a 12 month low of $25.59 and a 12 month 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 stock has a 50-day moving average price of $29.82 and a 200-day moving average price of $32.02.

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.