Peel Hunt Reiterates Hold Rating for Safestore (SAFE)

Peel Hunt reissued their hold rating on shares of Safestore (LON:SAFE) in a research report released on Tuesday morning.

Separately, Liberum Capital reissued a buy rating on shares of Safestore in a research report on Friday, October 19th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Safestore presently has an average rating of Buy and a consensus price target of GBX 599 ($7.83).

SAFE opened at GBX 548 ($7.16) on Tuesday. Safestore has a one year low of GBX 360 ($4.70) and a one year high of GBX 528 ($6.90).

The company also recently announced a dividend, which will be paid on Wednesday, April 10th. Investors of record on Thursday, March 7th will be given a GBX 11.15 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, March 7th. This is a boost from Safestore’s previous dividend of $5.10. This represents a dividend yield of 2.08%.

Safestore Company Profile

Safestore is the UK's largest self-storage group with 146 stores at 31 October 2018, comprising 119 wholly owned stores in the UK (including 67 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 27 wholly owned stores in the Paris region.

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Analyst Recommendations for Safestore (LON:SAFE)

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