UBS Group upgraded shares of Saab (OTCMKTS:SAABY – Free Report) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports.
Saab Trading Up 1.0 %
Shares of SAABY opened at $19.98 on Monday. The firm’s fifty day moving average price is $14.06. Saab has a 12 month low of $9.68 and a 12 month high of $20.65.
Saab Dividend Announcement
The business also recently announced a dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, April 14th will be paid a dividend of $0.0493 per share. The ex-dividend date of this dividend is Monday, April 14th.
Saab Company Profile
Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.
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