Vivo Energy (VVO) Given “Buy” Rating at Numis Securities

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Numis Securities restated their buy rating on shares of Vivo Energy (LON:VVO) in a report published on Monday morning. Numis Securities currently has a GBX 185 ($2.42) target price on the stock.

Shares of LON VVO opened at GBX 130.38 ($1.70) on Monday.

The business also recently declared a dividend, which will be paid on Monday, June 10th. Investors of record on Thursday, May 16th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from Vivo Energy’s previous dividend of $0.01. This represents a dividend yield of 0.72%.

Vivo Energy Company Profile

Vivo Energy plc retails and markets Shell-branded fuels and lubricants in Africa. It operates through three segments: Retail, Commercial, and Lubricants. The Retail segment operates a network of Shell-branded service stations that offers fuels and lubricants; and convenience retail shops, and quick service and fast casual restaurants.

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