Leonardo (OTCMKTS:FINMY) Stock Rating Upgraded by DZ Bank

Leonardo (OTCMKTS:FINMY) was upgraded by research analysts at DZ Bank to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other research firms have also recently commented on FINMY. Barclays reiterated an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. Morgan Stanley restated an “overweight” rating on shares of Leonardo in a research note on Monday, June 1st. Citigroup raised shares of Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Jefferies Financial Group upgraded shares of Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Finally, Zacks Research raised shares of Leonardo to a “hold” rating in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Leonardo Stock Performance

Shares of OTCMKTS FINMY opened at $29.09 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.62 and a current ratio of 0.97. Leonardo has a fifty-two week low of $25.59 and a fifty-two week high of $37.51. The business has a 50 day moving average price of $29.44 and a two-hundred day moving average price of $32.06.

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.