Peel Hunt restated their buy rating on shares of Putnam Municipal Opportunities Trust (NYSE:PMO) in a research note published on Thursday morning, Stock Target Advisor reports. Peel Hunt currently has a $165.00 price target on the financial services provider’s stock.
NYSE PMO opened at $13.13 on Thursday. Putnam Municipal Opportunities Trust has a 52-week low of $10.85 and a 52-week high of $13.52. The business’s 50-day moving average price is $13.14 and its 200 day moving average price is $12.81.
The business also recently declared a — dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be issued a dividend of $0.0531 per share. This represents a dividend yield of 4.9%. The ex-dividend date of this dividend is Wednesday, October 23rd.
Putnam Municipal Opportunities Trust Company Profile
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.
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