Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) has been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.
Separately, Deutsche Bank Aktiengesellschaft downgraded Leonardo from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th.
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Leonardo Stock Up 1.9%
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.
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