Saab (OTCMKTS:SAABY) Rating Increased to Strong-Buy at UBS Group

Saab (OTCMKTS:SAABY) was upgraded by equities researchers at UBS Group from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Saab Stock Up 1.0 %

Shares of OTCMKTS:SAABY opened at $19.98 on Monday. The business has a 50 day simple moving average of $14.06. Saab has a 52 week low of $9.68 and a 52 week high of $20.65.

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.