Safestore (SAFE) Stock Rating Reaffirmed by Peel Hunt
Safestore (LON:SAFE)‘s stock had its “hold” rating restated by stock analysts at Peel Hunt in a research report issued on Thursday.
Several other brokerages have also recently weighed in on SAFE. Liberum Capital reissued a “buy” rating on shares of Safestore in a research note on Friday, February 8th. HSBC began coverage on Safestore in a research note on Tuesday. They issued a “buy” rating and a GBX 670 ($8.75) price target for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Safestore presently has an average rating of “Buy” and an average target price of GBX 630 ($8.23).
Shares of SAFE opened at GBX 574.50 ($7.51) on Thursday. Safestore has a 12-month low of GBX 360 ($4.70) and a 12-month high of GBX 528 ($6.90).
Safestore is 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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