Safestore Holdings Plc (SAFE) Receives Consensus Rating of “Buy” from Brokerages

Shares of Safestore Holdings Plc (LON:SAFE) have been assigned a consensus recommendation of “Buy” from the six research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 433 ($5.48).

Several research firms have issued reports on SAFE. Liberum Capital reiterated a “buy” rating and issued a GBX 475 ($6.01) price objective on shares of Safestore Holdings Plc in a research report on Thursday. Citigroup Inc. reiterated a “buy” rating and issued a GBX 500 ($6.33) price objective on shares of Safestore Holdings Plc in a research report on Friday. Peel Hunt reiterated a “hold” rating and issued a GBX 400 ($5.06) price objective on shares of Safestore Holdings Plc in a research report on Thursday. Numis Securities Ltd reiterated a “not rated” rating on shares of Safestore Holdings Plc in a research report on Thursday. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 415 ($5.25) price objective on shares of Safestore Holdings Plc in a research report on Tuesday, April 25th.

Safestore Holdings Plc (LON:SAFE) traded up 0.40% during midday trading on Monday, hitting GBX 431.70. The stock had a trading volume of 1,475,431 shares. The company’s market cap is GBX 900.77 million. The company’s 50 day moving average is GBX 429.84 and its 200 day moving average is GBX 383.30. Safestore Holdings Plc has a 1-year low of GBX 311.90 and a 1-year high of GBX 456.80.

The business also recently disclosed a dividend, which will be paid on Friday, August 18th. Investors of record on Thursday, July 13th will be paid a dividend of GBX 4.20 ($0.05) per share. This represents a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, July 13th.

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About Safestore Holdings Plc

Safestore Holdings plc is a United Kingdom-based real estate investment trust. The Company and its subsidiaries provide self-storage facilities to customers throughout the United Kingdom and Paris. The Company’s geographical segments include the United Kingdom and France. The Company’s portfolio includes London and South East, Rest of United Kingdom and Paris.

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