Safestore Holdings plc (OTCMKTS:SFSHF) Given Average Rating of “Hold” by Brokerages

Shares of Safestore Holdings plc (OTCMKTS:SFSHFGet Rating) have been given a consensus recommendation of “Hold” by the five brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $1,280.00.

SFSHF has been the topic of several research reports. HSBC downgraded shares of Safestore from a “buy” rating to a “hold” rating in a research note on Tuesday, April 12th. Zacks Investment Research downgraded shares of Safestore from a “buy” rating to a “hold” rating in a research note on Wednesday, April 20th. Finally, Berenberg Bank upped their price target on shares of Safestore from GBX 970 ($11.96) to GBX 1,280 ($15.78) in a research note on Wednesday, March 23rd.

Shares of OTCMKTS:SFSHF traded down $0.42 on Friday, hitting $12.51. The company had a trading volume of 3,405 shares, compared to its average volume of 1,915. Safestore has a 1-year low of $12.51 and a 1-year high of $19.10. The stock has a 50 day moving average price of $15.98 and a 200 day moving average price of $17.04.

Safestore Company Profile (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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