FinnCap Reiterates “Corporate” Rating for Lok'n Store Group Plc (LOK)

Lok'n Store Group Plc (LON:LOK)‘s stock had its “corporate” rating reissued by investment analysts at FinnCap in a research report issued on Monday, August 7th, reports. They currently have a GBX 510 ($6.62) target price on the stock. FinnCap’s price objective points to a potential upside of 29.11% from the stock’s current price.

Lok'n Store Group Plc (LON:LOK) opened at 395.00 on Monday. The stock’s 50 day moving average is GBX 389.36 and its 200-day moving average is GBX 426.91. Lok'n Store Group Plc has a 1-year low of GBX 330.00 and a 1-year high of GBX 500.00. The company’s market capitalization is GBX 110.93 million.

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In related news, insider Colin Jacobs sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of GBX 407 ($5.28), for a total transaction of £44,770 ($58,120.21). Also, insider Neil Newman bought 3,300 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The shares were acquired at an average cost of GBX 399 ($5.18) per share, for a total transaction of £13,167 ($17,093.34).

About Lok'n Store Group Plc

Lok’nStore Group Plc is engaged in providing self-storage and managed storage services. The Company’s segments include self-storage, and serviced archive & records management. It offers self-storage to both household and business customers at its centers. Its Saracen document storage service offers businesses secure storage of one media tape to management of their business documentation with around the clock retrieval.

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