Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Receives Average Recommendation of “Hold” from Analysts

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has earned a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday. The Goldman Sachs Group upgraded Leonardo to a “hold” rating in a research note on Friday, September 19th.

Leonardo Stock Down 1.2%

FINMY stock opened at $33.64 on Tuesday. The company’s 50 day moving average price is $29.15 and its 200 day moving average price is $28.89. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.59 and a current ratio of 0.97. Leonardo has a fifty-two week low of $14.49 and a fifty-two week high of $34.95.

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.