Shares of Safestore Holdings plc (LON:SAFE) hit a new 52-week high during trading on Monday . The company traded as high as GBX 480.60 ($6.47) and last traded at GBX 472 ($6.35), with a volume of 239209 shares traded. The stock had previously closed at GBX 476.40 ($6.41).

SAFE has been the subject of a number of recent research reports. Liberum Capital reissued a “buy” rating and issued a GBX 480 ($6.46) target price on shares of Safestore in a report on Thursday, September 14th. Peel Hunt reissued a “hold” rating on shares of Safestore in a report on Thursday, November 16th. Numis Securities reissued an “add” rating and issued a GBX 508 ($6.84) target price on shares of Safestore in a report on Thursday, September 28th. Finally, Berenberg Bank increased their target price on Safestore from GBX 415 ($5.59) to GBX 465 ($6.26) and gave the stock a “buy” rating in a report on Friday, September 29th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Safestore presently has an average rating of “Buy” and a consensus price target of GBX 458 ($6.16).

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Safestore Company Profile

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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