SafeCharge International Group’s (SCH) Buy Rating Reiterated at Canaccord Genuity
SafeCharge International Group Ltd (LON:SCH)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research report issued to clients and investors on Tuesday. They currently have a GBX 320 ($4.18) target price on the stock. Canaccord Genuity’s price target suggests a potential upside of 31.15% from the company’s current price.
SCH has been the subject of several other reports. Shore Capital reaffirmed a “house stock” rating on shares of SafeCharge International Group in a research note on Tuesday, June 28th. Berenberg Bank reissued a “buy” rating and issued a GBX 324 ($4.23) price objective on shares of SafeCharge International Group in a research note on Wednesday, September 14th.
Shares of SafeCharge International Group (LON:SCH) opened at 244.00 on Tuesday. SafeCharge International Group has a 52-week low of GBX 183.00 and a 52-week high of GBX 280.00. The company’s market capitalization is GBX 369.95 million. The stock’s 50 day moving average price is GBX 254.00 and its 200 day moving average price is GBX 239.41.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/safecharge-international-groups-sch-buy-rating-reiterated-at-canaccord-genuity.html
The company also recently disclosed a dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 29th will be paid a GBX 5.26 ($0.07) dividend. This is an increase 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.
Receive News & Ratings for SafeCharge International Group Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SafeCharge International Group Ltd and related companies with MarketBeat.com's FREE daily email newsletter.