Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Rated “Buy” by Wall Street Brokerages
by Sarita Garza · The Markets DailyLeonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) has received a consensus recommendation of “Buy” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company.
FINMY has been the topic of a number of recent research reports. Jefferies Financial Group upgraded shares of Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday, July 9th. Royal Bank Of Canada started coverage on shares of Leonardo in a research note on Tuesday, August 11th. They issued a “moderate buy” rating for the company. Barclays reissued an “overweight” rating on shares of Leonardo in a research note on Friday, July 3rd. DZ Bank upgraded Leonardo to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, BNP Paribas Exane raised Leonardo to an “outperform” rating in a research report on Thursday, September 10th.
Read Our Latest Research Report on Leonardo
Leonardo Trading Down 2.1%
OTCMKTS:FINMY opened at $27.55 on Thursday. Leonardo has a one year low of $25.59 and a one year high of $37.51. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.52 and a current ratio of 0.90. The firm has a 50-day simple moving average of $29.42 and a 200-day simple moving average of $30.30.
About Leonardo
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.
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