Zacks Investment Research lowered shares of Safestore (OTCMKTS:SFSHF) from a hold rating to a sell rating in a research report report published on Thursday morning, Zacks.com reports.

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. “

Shares of SFSHF opened at $8.37 on Thursday. Safestore has a one year low of $7.10 and a one year high of $7.20.

About Safestore

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.

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