Safestore (LON:SAFE)‘s stock had its “hold” rating restated by stock analysts at Liberum Capital in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other brokerages have also weighed in on SAFE. Bank of America lowered shares of Safestore to an “underperform” rating in a research note on Tuesday, January 14th. Jefferies Financial Group raised their price target on shares of Safestore from GBX 670 ($8.81) to GBX 750 ($9.87) and gave the company a “hold” rating in a research note on Friday, January 17th. Berenberg Bank raised their price target on shares of Safestore from GBX 610 ($8.02) to GBX 870 ($11.44) and gave the company a “buy” rating in a research note on Thursday, January 23rd. Peel Hunt reaffirmed an “add” rating on shares of Safestore in a research note on Tuesday. Finally, Numis Securities lowered shares of Safestore to a “hold” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 825 ($10.85).
Shares of Safestore stock opened at GBX 854 ($11.23) on Thursday. The firm has a market capitalization of $1.80 billion and a PE ratio of 13.64. Safestore has a twelve month low of GBX 571 ($7.51) and a twelve month high of GBX 832 ($10.94). The firm’s 50-day moving average price is GBX 794.82 and its 200 day moving average price is GBX 714.73. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 53.86.
UK's largest self storage group with 146 stores Safestore has 119 self storage centres in the UK including two business centres and a further 27 stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business Une Pièce en Plus in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.
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