Zacks Investment Research upgraded shares of Safestore Hldgs (NASDAQ:SFSHF) from a hold rating to a buy rating in a research note issued to investors on Wednesday. Zacks Investment Research currently has $5.25 target price on the stock.

According to Zacks, “Safestore Holdings plc is a real estate investment trust. The company provides self-storage facilities for personal and business customers primarily in the United Kingdom and France. Safestore Holdings plc is headquartered in Borehamwood, the United Kingdom. “

Safestore Hldgs (SFSHF) traded up 17.989500% during mid-day trading on Wednesday, hitting $5.545500. The company had a trading volume of 476 shares. The company has a 50-day moving average price of $5.16 and a 200 day moving average price of $4.82. Safestore Hldgs has a 12 month low of $3.25 and a 12 month high of $5.55. The firm has a market capitalization of $1.16 billion and a P/E ratio of 8.774525.

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