Spark New Zealand Ltd (SPKKY) Given $15.66 Consensus Price Target by Brokerages

Spark New Zealand Ltd (NASDAQ:SPKKY) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 1-year consensus price target of $15.66 for the company, according to Zacks. Zacks has also given Spark New Zealand an industry rank of 60 out of 265 based on the ratings given to related companies.

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Spark New Zealand (NASDAQ:SPKKY) traded up 1.1596% during midday trading on Tuesday, reaching $12.8675. 25,814 shares of the company’s stock were exchanged. The stock has a market cap of $23.56 billion and a PE ratio of 87.5340. The firm has a 50 day moving average of $12.46 and a 200-day moving average of $12.48. Spark New Zealand has a 12 month low of $11.65 and a 12 month high of $14.51.

The company also recently disclosed a dividend, which was paid on Monday, April 17th. Shareholders of record on Friday, March 17th were given a dividend of $0.3958 per share. The ex-dividend date of this dividend was Wednesday, March 15th. This is a positive change from Spark New Zealand’s previous dividend of $0.05.

Spark New Zealand Company Profile

Spark New Zealand Limited is a supplier of telecommunications and digital services in New Zealand. The Company operates through three segments: Spark Home, Mobile & Business; Spark Digital, and Spark Connect. The Spark Home, Mobile & Business segment provides fixed line, mobile and Internet services to consumers and the small medium business market, and includes Spark Ventures.

5 Day Chart for NASDAQ:SPKKY

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