Safestore Holdings Plc (LON:SAFE) Receives Average Recommendation of “Buy” from Analysts
Shares of Safestore Holdings Plc (LON:SAFE) have been given a consensus rating of “Buy” by the six brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 434 ($5.72).
Several research analysts have issued reports on SAFE shares. Liberum Capital reiterated a “buy” rating and set a GBX 480 ($6.33) target price on shares of Safestore Holdings Plc in a report on Tuesday. Citigroup Inc. reiterated a “buy” rating and set a GBX 500 ($6.60) target price on shares of Safestore Holdings Plc in a report on Friday, June 16th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 476 ($6.28) target price on shares of Safestore Holdings Plc in a report on Friday, May 19th. Berenberg Bank reiterated a “buy” rating and set a GBX 415 ($5.47) target price on shares of Safestore Holdings Plc in a report on Tuesday, April 25th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 400 ($5.28) target price on shares of Safestore Holdings Plc in a report on Thursday, June 15th.
Safestore Holdings Plc (LON:SAFE) traded down 0.71% during midday trading on Friday, reaching GBX 417.80. 149,379 shares of the company traded hands. Safestore Holdings Plc has a one year low of GBX 324.10 and a one year high of GBX 456.80. The company has a 50 day moving average price of GBX 424.80 and a 200-day moving average price of GBX 402.83. The stock’s market capitalization is GBX 874.41 million.
The company also recently declared a dividend, which will be paid on Friday, August 18th. Stockholders of record on Thursday, July 13th will be issued a GBX 4.20 ($0.06) dividend. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, July 13th.
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About Safestore Holdings Plc
Safestore Holdings plc is a United Kingdom-based real estate investment trust. The Company and its subsidiaries provide self-storage facilities to customers throughout the United Kingdom and Paris. The Company’s geographical segments include the United Kingdom and France. The Company’s portfolio includes London and South East, Rest of United Kingdom and Paris.
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