Canaccord Genuity reaffirmed their buy rating on shares of Safestay PLC (LON:SSTY) in a research report report published on Thursday morning. They currently have a GBX 65 ($0.80) price target on the stock.

Safestay PLC (LON:SSTY) opened at 41.20 on Thursday. The stock’s 50 day moving average price is GBX 48.47 and its 200 day moving average price is GBX 53.24. The firm’s market capitalization is GBX 14.10 million. Safestay PLC has a 52-week low of GBX 40.00 and a 52-week high of GBX 70.00.

Safestay PLC Company Profile

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’s properties include Safestay Elephant & Castle, and Safestay York. Safestay Elephant & Castle, located in John Smith House, has a range of accommodation options, including single, twin, double and family bunk rooms with their own tea or coffee-making facilities and 40-inch televisions, and four, six and eight-bunk bedded dorms with en-suite facilities.

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