Safestore Holdings plc (OTCMKTS:SFSHF) Receives Consensus Rating of “Buy” from Brokerages

Safestore Holdings plc (OTCMKTS:SFSHFGet Rating) has received a consensus rating of “Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $650.00.

SFSHF has been the topic of several recent analyst reports. HSBC lowered Safestore from a “buy” rating to a “hold” rating in a research report on Tuesday. Berenberg Bank lifted their target price on Safestore from GBX 970 ($12.64) to GBX 1,280 ($16.68) in a report on Wednesday, March 23rd. Finally, Zacks Investment Research upgraded Safestore from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Tuesday, January 18th.

Shares of Safestore stock remained flat at $$15.78 during trading on Tuesday. The company has a 50 day moving average price of $16.82 and a two-hundred day moving average price of $16.92. Safestore has a fifty-two week low of $10.52 and a fifty-two week high of $19.10.

About Safestore (Get Rating)

Safestore is the UK's largest self-storage group with 163 stores, comprising 125 wholly owned stores in the UK (including over 70 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol), 28 wholly owned stores in the Paris region, 6 stores in the Netherlands and 4 stores within Barcelona, Spain.

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