Canaccord Genuity Indicates Potential 29.35% Increase In Shares Of Safecharge International Group Limited (di)

On Tuesday Canaccord Genuity reiterated its broker consensus on shares of Safecharge International Group Limited (di) (LON:SCH) giving the company a ‘Buy’ rating.

Canaccord Genuity gave shares of Safecharge International Group Limited (di) a price target of 320 indicating a potential increase of 29.35% from Safecharge International Group Limited (di)’s current price of 247.4.

LON:SCH

In the prior 12 months Safecharge International Group Limited (di)’s stock price has increased by 0% from 0.00 to 247.4.

Safecharge International Group Limited (di) has 151,583,000 shares in issue which have a share price of 247.4 giving Safecharge International Group Limited (di) a market capitalisation of 375.02M GBp .

The 52 week high of Safecharge International Group Limited (di)’s shares is 290 whilst the 52 week low for the company’s shares is 183. The 50 day moving average of LON:SCH is 251.29 and the 200 day moving average is 239.55.

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. The Company’s processing business provides its customers with a range of payment and fraud prevention services; payment card industry (PCI) descoping solutions, and a network of approximately 100 payment methods and acquiring banks through a single customer integration. It provides online merchants with a payment solution that includes secured connectivity to financial institutions, cashier with personalized checkout options, risk management platform and a Payments Management and Analytics component. Its subsidiaries include ELoad Solutions Limited, XT Commerce International Limited, SafeCharge Technologies Limited, SafeCharge (UK) Limited and others.