Sat Sep 28 19:01:20 UTC 2024: ## CAB Payments Shares Surge 5% on Positive Analyst Sentiment
**London, UK – September 28, 2024** – Shares of CAB Payments Holdings Limited (LON: CABP) soared by 5% on Thursday, reaching a high of GBX 107.59 ($1.44) before settling at GBX 105.20 ($1.41). Trading volume was down 62% from the average session volume, with 321,517 shares exchanged.
The surge in share price comes after Shore Capital reaffirmed a “buy” rating on CAB Payments shares on September 5th. CAB Payments specializes in providing foreign exchange (FX) and cross-border payments services to various clients including banks, fintech companies, and government institutions. The company’s services include EMpower FX, EMpower Payments, EMpower Connect, and EMpower Pensions, catering to a wide range of payment needs.
This positive analyst sentiment seems to have boosted investor confidence, driving the stock’s price up. CAB Payments’ focus on the growing global payments market and its diverse service offerings suggest strong future potential.
First Piper 