SafeCharge International Group Ltd (SCH) Insider Sells £12,984,351.25 in Stock

SafeCharge International Group Ltd (LON:SCH) insider David Avgi sold 3,995,185 shares of the business’s stock in a transaction on Wednesday, September 26th. The shares were sold at an average price of GBX 325 ($4.23), for a total transaction of £12,984,351.25 ($16,913,314.12).

Shares of LON SCH opened at GBX 314.75 ($4.10) on Thursday. SafeCharge International Group Ltd has a 1-year low of GBX 212.75 ($2.77) and a 1-year high of GBX 318 ($4.14).

The business also recently disclosed a dividend, which will be paid on Friday, October 12th. Stockholders of record on Thursday, September 27th will be issued a dividend of GBX 6.82 ($0.09) per share. The ex-dividend date is Thursday, September 27th. This represents a dividend yield of 2.23%. This is a positive change from SafeCharge International Group’s previous dividend of $6.58.

Several research firms recently issued reports on SCH. Barclays upgraded shares of SafeCharge International Group to an “overweight” rating and boosted their target price for the company from GBX 335 ($4.36) to GBX 420 ($5.47) in a report on Friday, September 14th. Jefferies Financial Group began coverage on shares of SafeCharge International Group in a report on Monday, June 18th. They issued a “buy” rating and a GBX 450 ($5.86) target price on the stock. Finally, Bryan, Garnier & Co boosted their target price on shares of SafeCharge International Group from GBX 354 ($4.61) to GBX 380 ($4.95) and gave the company a “buy” rating in a report on Thursday, September 13th. Five investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of GBX 396 ($5.16).

About SafeCharge International Group

SafeCharge International Group Limited (AIM: SCH) is the payment service partner for the world’s most demanding businesses. SafeCharge provides global omni-channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions.

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