UBS Group upgraded shares of Saab (OTCMKTS:SAABY – Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.
Saab Stock Performance
SAABY opened at $19.98 on Monday. Saab has a 1-year low of $9.68 and a 1-year high of $20.65. The business’s fifty day simple moving average is $14.06.
Saab Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, April 14th will be given a $0.0493 dividend. 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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