Safestore Holdings plc Price Target Increased to GBX 2,215 by Analysts at Citigroup Inc. (SAFE)
Equities researchers at Citigroup Inc. boosted their price target on shares of Safestore Holdings plc (LON:SAFE) from GBX 180 ($2.96) to GBX 2,215 ($36.40) in a research report issued on Monday, American Banking News.com reports. The firm currently has a “buy” rating on the stock.
Safestore Holdings plc (LON:SAFE) traded up 0.74% on Monday, hitting GBX 193.42. The stock had a trading volume of 641,517 shares. Safestore Holdings plc has a 52-week low of GBX 106.00 and a 52-week high of GBX 197.00. The stock has a 50-day moving average of GBX 168.3 and a 200-day moving average of GBX 148.7. The company’s market cap is £363.3 million.
The company also recently declared a dividend, which is scheduled for Friday, April 11th. Investors of record on Wednesday, March 12th will be given a dividend of GBX 3.90 ($0.06) per share. This represents a yield of 2.04%. The ex-dividend date of this dividend is Wednesday, March 12th.
SAFE has been the subject of a number of other recent research reports. Analysts at Liberum Capital raised their price target on shares of Safestore Holdings plc from GBX 203 ($3.34) to GBX 267 ($4.39) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Investec raised their price target on shares of Safestore Holdings plc from GBX 140 ($2.30) to GBX 196 ($3.22) in a research note to investors on Wednesday, December 4th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 590.60 ($9.71).
Safestore Holdings plc (LON:SAFE) is a self storage company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.