Safestore Holdings plc (SAFE) Hits New 12-Month High at $478.00

Safestore Holdings plc (LON:SAFE)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 478 ($6.29) and last traded at GBX 472.30 ($6.21), with a volume of 237627 shares traded. The stock had previously closed at GBX 472.30 ($6.21).

Several brokerages have recently issued reports on SAFE. Peel Hunt reaffirmed a “hold” rating on shares of Safestore Holdings plc in a research report on Thursday. Liberum Capital reaffirmed a “buy” rating and issued a GBX 480 ($6.31) price target on shares of Safestore Holdings plc in a research report on Tuesday, August 1st. Berenberg Bank raised their price target on Safestore Holdings plc from GBX 415 ($5.46) to GBX 465 ($6.12) and gave the company a “buy” rating in a research report on Friday, September 29th. Finally, Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 508 ($6.68) price target on shares of Safestore Holdings plc in a research report on Thursday, September 28th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Safestore Holdings plc has an average rating of “Buy” and an average price target of GBX 458 ($6.02).

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Safestore Holdings plc Company Profile

Safestore Holdings plc is a United Kingdom-based real estate investment trust. The Company and its subsidiaries provide self-storage facilities to customers throughout the United Kingdom and Paris. The Company’s geographical segments include the United Kingdom and France. The Company’s portfolio includes London and South East, Rest of United Kingdom and Paris.

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