Savanna Energy Plans Sep 13 Dividend of $0.03 (SVY)
Savanna Energy (TSE:SVY) announced a sep 13 dividend on Tuesday, September 10th, Stock Ratings Network reports. Stockholders of record on Monday, September 30th will be paid a dividend of $0.03 per share on Tuesday, October 15th.
SVY has been the subject of a number of recent research reports. Analysts at CIBC reiterated a “sector outperform” rating on shares of Savanna Energy (TSE:SVY) in a research note to investors on Tuesday, August 27th. They now have a C$8.50 price target on the stock. On the ratings front, analysts at Pi Financial upgraded shares of Savanna Energy (TSE:SVY) from a “neutral” rating to a “buy” rating in a research note to investors on Monday, August 12th. They now have a C$8.50 price target on the stock, up previously from C$8.25. Finally, analysts at TD Securities raised their price target on shares of Savanna Energy (TSE:SVY) from C$8.00 to C$8.50 in a research note to investors on Friday, August 9th. They now have a “hold” rating on the stock.
Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of C$8.75.
Shares of Savanna Energy (TSE:SVY) opened at 7.87 on Wednesday. Savanna Energy has a one year low of $6.30 and a one year high of $8.00. The stock has a 50-day moving average of $7.48 and a 200-day moving average of $7.06. The company has a market cap of $686.3 million and a P/E ratio of 23.36.
Savanna Energy Services Corp. (TSE:SVY) is an oilfield services provider.
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