Separately, Peel Hunt reiterated a hold rating on shares of Safestore in a research note on Wednesday, September 12th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Safestore presently has a consensus rating of Buy and a consensus target price of GBX 599 ($7.83).
SAFE traded up GBX 15 ($0.20) on Friday, hitting GBX 560 ($7.32). The company had a trading volume of 268,509 shares, compared to its average volume of 397,381. Safestore has a 1 year low of GBX 360 ($4.70) and a 1 year high of GBX 528 ($6.90).
Safestore is the UK's largest self-storage group with 145 stores at 31 July 2018, comprising 119 wholly owned stores in the UK (including 67 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 26 wholly owned stores in the Paris region.
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