Shares of Safestore Holdings Plc (LON:SAFE) have been given a consensus recommendation of “Buy” by the seven ratings firms that are covering the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 403 ($5.03).
A number of research firms have recently commented on SAFE. Jefferies Group LLC reiterated a “hold” rating and set a GBX 361 ($4.51) target price on shares of Safestore Holdings Plc in a research report on Thursday, October 27th. Liberum Capital restated a “buy” rating and issued a GBX 335 ($4.18) price target on shares of Safestore Holdings Plc in a research report on Monday. Peel Hunt restated a “hold” rating and issued a GBX 370 ($4.62) price target on shares of Safestore Holdings Plc in a research report on Monday, January 9th. Numis Securities Ltd restated an “under review” rating on shares of Safestore Holdings Plc in a research report on Monday, January 9th. Finally, Berenberg Bank boosted their price target on Safestore Holdings Plc from GBX 405 ($5.05) to GBX 415 ($5.18) and gave the company a “buy” rating in a research report on Friday, January 20th.
In other Safestore Holdings Plc news, insider William (Bill) Oliver bought 5,000 shares of the company’s stock in a transaction on Friday, January 13th. The shares were bought at an average price of GBX 341 ($4.26) per share, for a total transaction of £17,050 ($21,277.92).
Safestore Holdings Plc (LON:SAFE) traded up 0.6928% during trading on Friday, hitting GBX 366.0183. The stock had a trading volume of 224,369 shares. The stock’s 50 day moving average price is GBX 346.66 and its 200 day moving average price is GBX 360.35. The firm’s market cap is GBX 763.72 million. Safestore Holdings Plc has a 12-month low of GBX 311.90 and a 12-month high of GBX 415.20.
The business also recently declared a dividend, which will be paid on Friday, April 7th. Investors of record on Thursday, March 9th will be given a GBX 8.05 ($0.10) dividend. This represents a yield of 2.31%. The ex-dividend date is Thursday, March 9th. This is a boost from Safestore Holdings Plc’s previous dividend of $3.60.
About Safestore Holdings Plc
Safestore Holdings plc is a United Kingdom-based self-storage company. The Company is engaged in providing self-storage spaces and the sale of ancillary products, such as insurance and merchandise. The Company operates in two geographical segments: the United Kingdom and France. It operates approximately 90 stores in the United Kingdom, over 60 of which are in London and the South East, and approximately 20 stores in Paris.