Canaccord Genuity Reaffirms “Buy” Rating for SafeCharge International Group Ltd (SCH)
SafeCharge International Group Ltd (LON:SCH)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity in a report issued on Tuesday. They presently have a GBX 320 ($4.18) target price on the stock. Canaccord Genuity’s price target points to a potential upside of 31.42% from the stock’s previous close.
Several other brokerages also recently commented on SCH. Berenberg Bank reiterated a “buy” rating and set a GBX 324 ($4.23) target price on shares of SafeCharge International Group in a research note on Wednesday, September 14th. Shore Capital reissued a “house stock” rating on shares of SafeCharge International Group in a report on Tuesday, June 28th.
Shares of SafeCharge International Group (LON:SCH) traded down 0.20% during mid-day trading on Tuesday, hitting GBX 243.50. The stock had a trading volume of 107,647 shares. SafeCharge International Group has a 52 week low of GBX 183.00 and a 52 week high of GBX 280.00. The firm’s market cap is GBX 369.19 million. The stock has a 50 day moving average price of GBX 253.72 and a 200 day moving average price of GBX 239.33.
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The company also recently declared a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 29th will be issued a dividend of GBX 5.26 ($0.07) per share. This is a boost from SafeCharge International Group’s previous dividend of $5.14. This represents a yield of 2.13%. The ex-dividend date of this dividend is Thursday, September 29th.
SafeCharge International Group Company Profile
SafeCharge International Group Limited is a United Kingdom-based company, which is engaged in the provision of payments services, technologies and risk management solutions for online and mobile businesses. The Company is a supplier of online payment technologies and services, risk management and information technology (IT) solutions.
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