Safestore Holdings Plc PT Raised to GBX 236 at Investec (SAFE)
Research analysts at Investec increased their price objective on shares of Safestore Holdings Plc (LON:SAFE) from GBX 222 ($3.78) to GBX 236 ($4.02) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Investec’s price target indicates a potential upside of 18.12% from the company’s current price.
A number of other firms have also recently commented on SAFE. Analysts at Liberum Capital reiterated a “buy” rating on shares of Safestore Holdings Plc in a research note on Thursday. They now have a GBX 267 ($4.54) price target on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 221.60 ($3.77).
Safestore Holdings Plc (LON:SAFE) traded up 5.00% during mid-day trading on Thursday, hitting GBX 210.00. The stock had a trading volume of 717,789 shares. Safestore Holdings Plc has a 52-week low of GBX 115.50 and a 52-week high of GBX 244.50. The stock’s 50-day moving average is GBX 213.0 and its 200-day moving average is GBX 204.7. The company’s market cap is £395.2 million.
Safestore Holdings plc (LON:SAFE) is a United-Kingdom based company engaged in providing individual, secure self-storage space and related services for business and personal customers in the United Kingdom and France.
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