Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) had its price objective raised by Royal Bank of Canada from $5.00 to $6.00 in a report released on Friday, Stock Target Advisor reports. Royal Bank of Canada currently has an outperform rating on the stock.
Shares of NYSE:TVE opened at $25.44 on Friday. Tennessee Valley Authority PARRS A 2029 has a 12 month low of $25.00 and a 12 month high of $27.38. The company’s fifty day simple moving average is $25.65 and its 200 day simple moving average is $26.21.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 1st. Investors of record on Monday, January 31st will be issued a dividend of $0.1385 per share. The ex-dividend date of this dividend is Friday, January 28th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.18%.
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