Safestore (LON:SAFE) Hits New 52-Week High at $761.50

Share on StockTwits

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.

In other news, insider Frederic Vecchioli purchased 18,475 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were bought at an average price of GBX 164 ($2.14) per share, with a total value of £30,299 ($39,591.01).

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

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.