Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY – Get Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $30.40, but opened at $28.90. Leonardo shares last traded at $29.00, with a volume of 2,410 shares.
Analyst Ratings Changes
A number of research firms have issued reports on FINMY. Zacks Research raised Leonardo to a “hold” rating in a research note on Friday, May 15th. Barclays reaffirmed an “overweight” rating on shares of Leonardo in a research report on Friday, July 3rd. Citigroup upgraded Leonardo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Morgan Stanley reiterated an “overweight” rating on shares of Leonardo in a research report on Monday, June 1st. Finally, Jefferies Financial Group raised Leonardo from a “hold” rating to a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on FINMY
Leonardo Stock Performance
Leonardo Company Profile
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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