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Berenberg reported on Safestore Holdings PLC (LON:SAFE), keeping its stock price target at 415.00GBX today

Yesterday Safestore Holdings PLC (LON:SAFE) traded -1.20% lower at 381.90GBX. The company’s 50-day moving average is 358.48GBX and its 200-day moving average is 361.99GBX. The last closing price is up 4.56% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 979,281 shares of the stock traded hands, up from an average trading volume of 340,871

In a report released on 2/9/2017 Berenberg hold steady the stock price target of Safestore Holdings PLC (LON:SAFE) from 415.00GBX to 415.00GBX indicating a possible upside of 0.09%.

Previously on 2/3/2017, Liberum Capital reported on Safestore Holdings PLC (LON:SAFE) held steady the target price at 475.00GBX. At the time, this indicated a possible upside of 0%.

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Safestore Holdings PLC (LON:SAFE)

Safestore Holdings PLC has a 52 week low of 311.90GBX and a 52 week high of 415.20GBX with a P/E ratio of 9.08 The company’s market cap is currently 0 GBX.

In addition to Berenberg reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is 420.13GBX with 4 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Safestore Holdings PLC (LON:SAFE)

Safestore Holdings plc is a United Kingdom-based self-storage company. The Company is engaged in providing self-storage spaces and the sale of ancillary products, such as insurance and merchandise. The Company operates in two geographical segments: the United Kingdom and France. It operates approximately 90 stores in the United Kingdom, over 60 of which are in London and the South East, and approximately 20 stores in Paris. It has approximately 1.17 million square feet of unoccupied space in the United Kingdom and over 0.18 million square feet in France. In the United Kingdom, the Company owns approximately three development sites at Chiswick and Wandsworth in London and in central Birmingham. Its stores are located in the center of metropolitan areas, such as Birmingham, Manchester, Liverpool, Bristol, Glasgow and Edinburgh. Its subsidiaries include Safestore Investments Limited, Assay Insurance Services Limited, Safestore Acquisition Limited and Spaces Personal Storage Limited.

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