Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Rated “Buy” by Wall Street Brokerages

Shares of Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) have been assigned an average rating of “Buy” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

A number of equities research analysts recently weighed in on FINMY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Leonardo in a research note on Friday, August 14th. Barclays reaffirmed an “overweight” rating on shares of Leonardo in a report on Friday, July 3rd. DZ Bank raised Leonardo to a “strong-buy” rating in a research report on Tuesday, July 21st. Jefferies Financial Group upgraded Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Finally, BNP Paribas Exane upgraded Leonardo to an “outperform” rating in a research note on Thursday, September 10th.

Leonardo Stock Down 3.0%

Shares of FINMY stock opened at $26.90 on Thursday. Leonardo has a 52-week low of $25.59 and a 52-week high of $37.51. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.90 and a quick ratio of 0.52. The company’s 50 day moving average is $29.14 and its 200 day moving average is $30.18.

Leonardo Company Profile

Leonardo S.p.A. is an Italian aerospace, defense and security company formerly known as Finmeccanica. The company adopted the Leonardo name in 2016 and is headquartered in Rome, Italy. It serves government, defense and commercial customers in Italy and international markets.

Leonardo’s activities include the design, development and production of helicopters, military and civil aircraft, aircraft structures, defense electronics, radar and communication systems, cybersecurity solutions, and space technologies.