Safestore (SAFE) Stock Rating Reaffirmed by Jefferies Group

Safestore (LON:SAFE)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a research report issued to clients and investors on Thursday. They currently have a GBX 515 ($6.98) price target on the stock. Jefferies Group’s price target suggests a potential upside of 7.38% from the stock’s current price.

A number of other research firms have also recently weighed in on SAFE. Berenberg Bank lifted their target price on shares of Safestore from GBX 465 ($6.31) to GBX 550 ($7.46) and gave the company a “buy” rating in a research note on Wednesday. Numis Securities restated an “add” rating and set a GBX 543 ($7.36) target price on shares of Safestore in a research note on Thursday, January 11th. Liberum Capital lifted their target price on shares of Safestore from GBX 500 ($6.78) to GBX 560 ($7.59) and gave the company a “buy” rating in a research note on Monday, January 8th. Finally, Peel Hunt restated a “hold” rating on shares of Safestore in a research note on Thursday, November 16th. 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 a consensus rating of “Buy” and a consensus price target of GBX 511.33 ($6.93).

Safestore (SAFE) traded down GBX 11.60 ($0.16) on Thursday, hitting GBX 479.60 ($6.50). 499,318 shares of the company were exchanged, compared to its average volume of 291,335. Safestore has a 52 week low of GBX 339.90 ($4.61) and a 52 week high of GBX 504.50 ($6.84). The stock has a market cap of $1,000.00 and a PE ratio of 1,296.22.

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About Safestore

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.

Analyst Recommendations for Safestore (LON:SAFE)

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