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

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

Several research firms have weighed in on FINMY. Deutsche Bank Aktiengesellschaft lowered Leonardo from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th. Jefferies Financial Group reissued a “buy” rating on shares of Leonardo in a research note on Friday, January 30th.

Leonardo Stock Up 0.6%

FINMY stock opened at $34.01 on Wednesday. The firm has a 50 day moving average of $32.70 and a two-hundred day moving average of $30.27. Leonardo has a 12 month low of $20.97 and a 12 month high of $35.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59.

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.