SafeCharge International Group Ltd (SCH) Given “Buy” Rating at Canaccord Genuity

Canaccord Genuity reissued their buy rating on shares of SafeCharge International Group Ltd (LON:SCH) in a research report released on Tuesday. The brokerage currently has a GBX 320 ($3.95) price target on the stock.

Separately, Berenberg Bank reaffirmed a buy rating and issued a GBX 324 ($4.00) price target on shares of SafeCharge International Group in a research note on Thursday, February 9th.

SafeCharge International Group (LON:SCH) opened at 249.325 on Tuesday. SafeCharge International Group has a 12 month low of GBX 183.00 and a 12 month high of GBX 272.20. The firm has a 50-day moving average price of GBX 233.70 and a 200 day moving average price of GBX 224.27. The company’s market cap is GBX 378.02 million.

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The company also recently declared a dividend, which will be paid on Tuesday, May 23rd. Stockholders of record on Thursday, May 4th will be paid a GBX 7.64 ($0.09) dividend. The ex-dividend date is Thursday, May 4th. This is a positive change from SafeCharge International Group’s previous dividend of $5.26. This represents a dividend yield of 3.3%.

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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