The Canaccord Genuity Increases Safestay PLC (SSTY) Price Target to GBX 65

The Canaccord Genuity Increases Safestay PLC (SSTY) Price Target to GBX 65

Shares of Safestay PLC (SSTY) opened at 52.50 on Tuesday. The stock’s market cap is GBX 17.96 million. Safestay PLC has a 12-month low of GBX 36.70 and a 12-month high of GBX 59.00. The stock’s 50 day moving average is GBX 51.42 and its 200-day moving average is GBX 46.61.

Safestay PLC (LON:SSTY) had its price target boosted by analysts at Canaccord Genuity from GBX 60 ($0.77) to GBX 65 ($0.83) in a research note issued on Tuesday, May 23rd. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target suggests a potential upside of 25.00% from the stock’s previous close.

About Safestay PLC

Safestay plc is a United Kingdom-based owner and operator of a hostel group. The principal activity of the Company consists of the operation of backpacker tourist hostels under the Safestay brand. The Company offers accommodation for a range of guests, including from school groups, young adults and backpackers to families.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:SSTY”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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