4 hours Ago By ABMN Staff
Airtel Africa ( LON:AAF – Free Report ) had its price objective increased by JPMorgan Chase & Co. from GBX 121 ($1.53) to GBX 128 ($1.
62) in a research report released on Wednesday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock. Separately, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Airtel Africa from GBX 150 ($1.
89) to GBX 155 ($1.96) and gave the company a “buy” rating in a research note on Monday, September 23rd. Get Our Latest Stock Analysis on Airtel Africa Airtel Africa Stock Up 0.
6 % Airtel Africa Cuts Dividend The firm also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 7th were given a $0.03 dividend.
This represents a yield of 1.74%. The ex-dividend date of this dividend was Thursday, November 7th.
Airtel Africa’s dividend payout ratio (DPR) is presently -16,666.67%. Insider Activity In related news, insider Shravin Bharti Mittal acquired 688,175 shares of the business’s stock in a transaction dated Friday, November 22nd.
The stock was bought at an average price of GBX 98 ($1.24) per share, for a total transaction of £674,411.50 ($851,207.
24). Insiders own 72.58% of the company’s stock.
Airtel Africa Company Profile ( Get Free Report ) Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. Featured Articles Receive News & Ratings for Airtel Africa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airtel Africa and related companies with MarketBeat.
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