Safestore Holdings Plc (LON:SAFE)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 554 ($7.43) and last traded at GBX 554 ($7.43), with a volume of 525524 shares. The stock had previously closed at GBX 554 ($7.43).
Several equities analysts recently issued reports on the company. Peel Hunt restated a “hold” rating on shares of Safestore in a research note on Thursday, April 5th. Numis Securities restated an “add” rating and set a GBX 570 ($7.65) price target on shares of Safestore in a research note on Thursday, February 22nd. Finally, Liberum Capital restated a “buy” rating and set a GBX 560 ($7.51) price target on shares of Safestore in a research note on Thursday, February 22nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Safestore presently has an average rating of “Buy” and a consensus price target of GBX 515.83 ($6.92).
In related news, insider Andy Jones sold 58,583 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of GBX 496 ($6.66), for a total transaction of 拢290,571.68 ($389,872.11).
About Safestore
Safestore is the UK's largest self-storage group with 146 stores, comprising 120 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 26 wholly owned stores in the Paris region.
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