StorageVault Canada Inc. (OTCMKTS:SVAUF) Given Average Rating of “Buy” by Analysts

Shares of StorageVault Canada Inc. (OTCMKTS:SVAUF – Get Rating) have earned an average rating of “Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $7.17.

SVAUF has been the subject of a number of research reports. Scotiabank lifted their price objective on StorageVault Canada from C$7.25 to C$7.50 in a research report on Monday, February 28th. Raymond James lifted their price objective on StorageVault Canada from C$7.50 to C$7.75 in a research report on Friday, February 25th.

Shares of SVAUF stock opened at $5.18 on Wednesday. The stock has a 50-day moving average price of $5.45 and a 200 day moving average price of $5.18. StorageVault Canada has a 12 month low of $3.43 and a 12 month high of $5.89.

The business also recently announced a dividend, which was paid on Friday, April 15th. Shareholders of record on Thursday, March 31st were issued a dividend of $0.0028 per share. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a yield of 0.2%. This is a boost from StorageVault Canada’s previous dividend of $0.00.

About StorageVault Canada (Get Rating)

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Fees. The company manages 34 stores owned by third parties; and stores, shreds, and manages documents and records for customers.

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