Safestore (LON:SAFE)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports.
Other research analysts have also recently issued research reports about the company. Liberum Capital restated a “buy” rating on shares of Safestore in a research report on Tuesday, April 2nd. HSBC assumed coverage on Safestore in a research report on Tuesday, February 12th. They issued a “buy” rating and a GBX 670 ($8.75) price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Safestore presently has a consensus rating of “Buy” and an average target price of GBX 645 ($8.43).
Shares of LON SAFE opened at GBX 640 ($8.36) on Wednesday. The company has a current ratio of 0.64, a quick ratio of 0.52 and a debt-to-equity ratio of 54.05. Safestore has a 52 week low of GBX 493 ($6.44) and a 52 week high of GBX 661 ($8.64). The firm has a market capitalization of $1.35 billion and a P/E ratio of 7.60.
Safestore Company Profile
UK's largest self storage group with 146 stores Safestore has 119 self storage centres in the UK including two business centres and a further 27 stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business Une Pièce en Plus in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.
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