StorageVault Canada (CVE:SVI) Given New C$5.75 Price Target at National Bankshares

StorageVault Canada (CVE:SVI) had its price target cut by National Bankshares from C$6.00 to C$5.75 in a research report sent to investors on Wednesday, BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research analysts also recently weighed in on SVI. Desjardins lifted their price target on StorageVault Canada from C$5.75 to C$6.25 and gave the company a buy rating in a report on Friday, February 23rd. Raymond James lifted their price target on StorageVault Canada from C$5.75 to C$6.00 and gave the company a market perform rating in a report on Tuesday, January 30th. Finally, Royal Bank of Canada lifted their price target on StorageVault Canada from C$6.00 to C$6.25 and gave the company an outperform rating in a report on Tuesday, February 27th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of C$6.38.

StorageVault Canada Stock Performance

Shares of SVI stock opened at C$6.42 on Wednesday. StorageVault Canada has a 1-year low of C$3.68 and a 1-year high of C$7.39. The company has a current ratio of 3.04, a quick ratio of 2.53 and a debt-to-equity ratio of 687.87. The company has a market capitalization of C$2.43 billion and a price-to-earnings ratio of -71.33. The stock’s fifty day simple moving average is C$6.42 and its 200-day simple moving average is C$6.42.

Insider Buying and Selling at StorageVault Canada

In other news, insider StorageVault Canada Inc. bought 19,200 shares of the stock in a transaction on Thursday, March 28th. The shares were purchased at an average price of C$5.17 per share, for a total transaction of C$99,179.52.

StorageVault Canada Company Profile

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 Division. The company manages 45 stores owned by third parties; and stores, shreds, and manages documents and records for customers.