UBS Group upgraded shares of Saab (OTCMKTS:SAABY – Free Report) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.
Saab Trading Down 1.2 %
SAABY stock opened at $19.75 on Monday. Saab has a 52-week low of $9.68 and a 52-week high of $20.65. The company’s 50 day moving average price is $14.24.
Saab Dividend Announcement
The firm also recently announced a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, April 14th will be issued a $0.0493 dividend. The ex-dividend date of this dividend is Monday, April 14th.
About Saab
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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