Leonardo (OTCMKTS:FINMY) Upgraded at DZ Bank

DZ Bank upgraded shares of Leonardo (OTCMKTS:FINMY) to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.

FINMY has been the subject of a number of other reports. Barclays reiterated an “overweight” rating on shares of Leonardo in a report on Friday, July 3rd. Zacks Research raised Leonardo to a “hold” rating in a report on Friday, May 15th. Citigroup upgraded Leonardo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Three investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Leonardo currently has a consensus rating of “Buy”.

Leonardo Stock Up 1.4%

Shares of OTCMKTS:FINMY opened at $29.51 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.62 and a debt-to-equity ratio of 0.18. Leonardo has a 52-week low of $25.59 and a 52-week high of $37.51. The firm has a fifty day moving average of $29.45 and a 200 day moving average of $32.06.

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.