Leonardo (OTCMKTS:FINMY) Rating Increased to Overweight at Barclays

Barclays upgraded shares of Leonardo (OTCMKTS:FINMY) from an equal weight rating to an overweight rating in a report published on Monday, MarketBeat.com reports.

Several other research analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Leonardo from a “buy” rating to a “hold” rating in a research note on Tuesday, January 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Leonardo in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Leonardo presently has an average rating of “Moderate Buy”.

Leonardo Stock Up 7.3%

Leonardo stock opened at $36.52 on Monday. 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 business has a 50-day moving average of $33.15 and a 200-day moving average of $30.49. Leonardo has a 1 year low of $20.97 and a 1 year high of $36.60.

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.