Safestore (SAFE) Receives “Add” Rating from Numis Securities
Safestore (LON:SAFE)‘s stock had its “add” rating reiterated by equities research analysts at Numis Securities in a research note issued to investors on Thursday. They currently have a GBX 543 ($7.36) price objective on the stock. Numis Securities’ target price points to a potential upside of 11.82% from the stock’s previous close.
A number of other research firms also recently issued reports on SAFE. Liberum Capital reissued a “buy” rating and set a GBX 500 ($6.78) target price on shares of Safestore in a research report on Thursday, November 16th. Peel Hunt reissued a “hold” rating on shares of Safestore in a research report on Thursday, November 16th. Finally, Berenberg Bank increased their target price on shares of Safestore from GBX 415 ($5.63) to GBX 465 ($6.31) and gave the stock a “buy” rating in a research report on Friday, September 29th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 473.83 ($6.43).
Safestore (LON:SAFE) opened at GBX 485.60 ($6.59) on Thursday. The firm has a market cap of $1,020.00 and a PE ratio of 1,312.43. Safestore has a 1-year low of GBX 337.60 ($4.58) and a 1-year high of GBX 504.50 ($6.84).
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.
Receive News & Ratings for Safestore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safestore and related companies with MarketBeat.com's FREE daily email newsletter.