Safestore Holdings Plc (LON:SAFE) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 460.80 ($6.06) and last traded at GBX 452.30 ($5.95), with a volume of shares trading hands.

SAFE has been the topic of several research analyst reports. Liberum Capital raised their price target on Safestore Holdings Plc from GBX 480 ($6.31) to GBX 500 ($6.57) and gave the company a “buy” rating in a research report on Tuesday, September 26th. 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 14th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 400 ($5.26) price target on shares of Safestore Holdings Plc in a research report on Thursday, September 14th. Finally, Berenberg Bank raised their price target on Safestore Holdings Plc from GBX 415 ($5.46) to GBX 465 ($6.11) and gave the company a “buy” rating in a research report on Friday, September 29th. 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 a consensus rating of “Buy” and a consensus price target of GBX 458 ($6.02).

The firm’s 50 day moving average is GBX 421.59 and its 200-day moving average is GBX 418.66. The company’s market capitalization is GBX 946.61 million.

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About Safestore Holdings Plc

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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