Berenberg Bank Raises Safestore Holdings Plc (SAFE) Price Target to GBX 465
Safestore Holdings Plc (LON:SAFE) had its target price boosted by Berenberg Bank from GBX 415 ($5.58) to GBX 465 ($6.25) in a research report sent to investors on Friday. The firm currently has a buy rating on the stock.
SAFE has been the subject of several other research reports. Peel Hunt restated a hold rating and issued a GBX 400 ($5.38) price objective on shares of Safestore Holdings Plc in a research report on Thursday, June 15th. Numis Securities Ltd reaffirmed a not rated rating on shares of Safestore Holdings Plc in a research note on Thursday, June 15th. Liberum Capital reiterated a buy rating and set a GBX 475 ($6.39) target price on shares of Safestore Holdings Plc in a research report on Thursday, June 15th. Finally, Citigroup Inc. reiterated a buy rating and set a GBX 500 ($6.72) target price on shares of Safestore Holdings Plc in a research report on Friday, June 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of Buy and an average target price of GBX 458 ($6.16).
Shares of Safestore Holdings Plc (SAFE) opened at 436.70 on Friday. Safestore Holdings Plc has a 52-week low of GBX 324.10 and a 52-week high of GBX 456.80. The firm has a 50-day moving average price of GBX 414.59 and a 200-day moving average price of GBX 412.32. The firm’s market capitalization is GBX 913.97 million.
About Safestore Holdings Plc
Safestore Holdings plc is a United Kingdom-based real estate investment trust. The Company and its subsidiaries provide self-storage facilities to customers throughout the United Kingdom and Paris. The Company’s geographical segments include the United Kingdom and France. The Company’s portfolio includes London and South East, Rest of United Kingdom and Paris.
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