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Canaccord Genuity disclosed Safestay Plc (LON:SSTY), supporting its price target at 65.00GBX earlier today

Indicating a possible upside of 0.49%, Canaccord Genuity hold steady the stock price target of Safestay Plc (LON:SSTY) at 65.00GBX

On 9/12/2016, Canaccord Genuity released a statement for Safestay Plc (LON:SSTY) bumped down the target price from 70.00GBX to 65.00GBX that suggested an upside of 0.33%.

Boasting a price of 43.50GBX, Safestay Plc (LON:SSTY) traded 0.00% even on the day. With the last stock price close down -18.48% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Safestay Plc has recorded a 50-day average of 48.96GBX and a two hundred day average of 53.36GBX. Volume of trade was down over the average, with 22,600 shares of SSTY changing hands under the typical 78,106

Performance Chart

Safestay Plc (LON:SSTY)

With a total market value of 0 GBX, Safestay Plc has with a one year low of 40.00GBX and a one year high of 70.00GBX .

A total of 1 equity analyst has released a ratings update on SSTY. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 0.70GBX.

Brief Synopsis About Safestay Plc (LON:SSTY)

Safestay plc is a United Kingdom-based owner and operator of a hostel group. The principal activity of the Company consists of the operation of backpacker tourist hostels under the Safestay brand. The Company offers accommodation for a range of guests, including from school groups, young adults and backpackers to families. Its properties include Safestay London Elephant & Castle and Safestay York. Safestay London Elephant & Castle, located in John Smith House, has a range of accommodation options, including four, six and eight bunk bedded dorms with en-suite facilities, as well as single, twin, double and family bunk rooms with their own tea/coffee making facilities and large screen televisions. Safestay York, located in Micklegate House, has a range of accommodation options, including 4 to 12-bed bunk dorms with en-suite facilities, private rooms with twin bunks and their own tea or coffee-making facilities and 40-inch televisions, as well as double rooms with 19th century beds.

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