Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $30.55, but opened at $28.61. Leonardo shares last traded at $29.55, with a volume of 15,379 shares traded.
Analyst Upgrades and Downgrades
Several brokerages recently commented on FINMY. Barclays upgraded Leonardo from an “equal weight” rating to an “overweight” rating in a report on Monday, March 9th. Jefferies Financial Group downgraded shares of Leonardo from a “buy” rating to a “hold” rating in a research report on Monday, April 20th. Citigroup upgraded shares of Leonardo from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Morgan Stanley reissued an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Finally, Zacks Research upgraded shares of Leonardo to a “hold” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on FINMY
Leonardo Stock Performance
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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