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

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) has been given a consensus recommendation of “Hold” by the seven brokerages that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating on shares of Leonardo in a research report on Friday, January 30th.

Leonardo Stock Performance

FINMY opened at $31.49 on Friday. Leonardo has a 12-month low of $15.01 and a 12-month high of $35.30. The stock’s 50 day moving average price is $30.90 and its two-hundred day moving average price is $29.55. The company has a quick ratio of 0.59, a current ratio of 0.97 and a debt-to-equity ratio of 0.19.

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.