Shares of Safestore Holdings Plc (LON:SAFE) reached a new 52-week high on Monday . The stock traded as high as GBX 761.50 ($9.95) and last traded at GBX 756.50 ($9.89), with a volume of 785 shares traded. The stock had previously closed at GBX 756 ($9.88).
SAFE has been the subject of several recent analyst reports. Berenberg Bank restated a “buy” rating on shares of Safestore in a research note on Friday, October 4th. Liberum Capital restated a “buy” rating and set a GBX 710 ($9.28) target price on shares of Safestore in a research note on Thursday, November 14th. Finally, Peel Hunt restated a “hold” rating on shares of Safestore in a research note on Tuesday, November 26th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 668.33 ($8.73).
The company has a market cap of $1.59 billion and a price-to-earnings ratio of 12.34. The firm has a 50-day simple moving average of GBX 707.29 and a 200 day simple moving average of GBX 657. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 55.73.
About Safestore (LON:SAFE)
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.
See Also: Buy Rating
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