SafeCharge International Group Ltd (SCH) Insider David Avgi Sells 3,995,185 Shares of Stock

SafeCharge International Group Ltd (LON:SCH) insider David Avgi sold 3,995,185 shares of the firm’s stock in a transaction that occurred on Wednesday, September 26th. The stock was 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 319 ($4.16) on Friday. 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 company also recently announced a dividend, which will be paid on Friday, October 12th. Investors of record on Thursday, September 27th will be given a dividend of GBX 6.82 ($0.09) per share. The ex-dividend date is Thursday, September 27th. This represents a yield of 2.23%. This is a positive change from SafeCharge International Group’s previous dividend of $6.58.

SCH has been the topic of a number of analyst reports. Barclays upgraded shares of SafeCharge International Group to an “overweight” rating and raised their target price for the stock from GBX 335 ($4.36) to GBX 420 ($5.47) in a research report on Friday, September 14th. Jefferies Financial Group initiated coverage on shares of SafeCharge International Group in a research report on Monday, June 18th. They set a “buy” rating and a GBX 450 ($5.86) target price on the stock. Finally, Bryan, Garnier & Co raised their target price on shares of SafeCharge International Group from GBX 354 ($4.61) to GBX 380 ($4.95) and gave the stock a “buy” rating in a research report on Thursday, September 13th. Five investment analysts have rated the stock with a buy rating, SafeCharge International Group currently has an average rating of “Buy” and an average target price 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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