Spark New Zealand Ltd (SPKKY) Given Consensus Rating of “Strong Buy” by Analysts
Spark New Zealand Ltd (NASDAQ:SPKKY) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus target price of $15.66 for the company, according to Zacks. Zacks has also given Spark New Zealand an industry rank of 209 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded shares of Spark New Zealand from a “hold” rating to a “sell” rating in a research note on Friday, September 23rd.
Spark New Zealand (NASDAQ:SPKKY) opened at 12.43 on Thursday. The company’s 50-day moving average price is $13.36 and its 200 day moving average price is $12.88. The company has a market capitalization of $22.74 billion and a price-to-earnings ratio of 85.14. Spark New Zealand has a 52 week low of $10.06 and a 52 week high of $14.51.
The firm also recently disclosed a dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 23rd will be paid a dividend of $0.0539 per share. The ex-dividend date of this dividend is Wednesday, September 21st.
Spark New Zealand Company Profile
Spark New Zealand Ltd provides digital services to individuals and businesses in New Zealand. The Company is made up of a number of business areas, Spark Home, Mobile & Business; Spark Digital, Spark Connect and Spark Ventures. Spark Home, Mobile & Business provides a full range of services and content, data and voice services across fiber and copper broadband, 3G & 4G mobile and nationwide Wi-Fi zones.
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