Canaccord Genuity Reiterates “Buy” Rating for SafeCharge International Group Ltd (SCH)
SafeCharge International Group Ltd (LON:SCH)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity in a research report issued to clients and investors on Tuesday. They currently have a GBX 320 ($4.18) price objective on the stock. Canaccord Genuity’s price objective points to a potential upside of 35.59% from the stock’s previous close.
A number of other equities research analysts have also commented on the company. Shore Capital reiterated a “house stock” rating on shares of SafeCharge International Group in a research report on Tuesday, June 28th. Berenberg Bank reiterated a “buy” rating and issued a GBX 324 ($4.23) price target on shares of SafeCharge International Group in a research report on Wednesday, September 14th.
SafeCharge International Group (LON:SCH) opened at 227.00 on Tuesday. SafeCharge International Group has a 1-year low of GBX 183.00 and a 1-year high of GBX 280.00. The firm has a 50-day moving average price of GBX 253.68 and a 200-day moving average price of GBX 239.17. The company’s market capitalization is GBX 344.18 million.
The firm also recently disclosed a dividend, which will be paid on Friday, October 14th. Stockholders of record on Thursday, September 29th will be paid a GBX 5.26 ($0.07) dividend. This represents a dividend yield of 2.13%. This is an increase from SafeCharge International Group’s previous dividend of $5.14. The ex-dividend date of this dividend is Thursday, September 29th.
About SafeCharge International Group
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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