Key Points
- Safestore insider Jane Bentall purchased 17,000 shares at GBX 508 each, for a total investment of £86,360.
- Safestore shares opened at GBX 523.50, with a £1.14 billion market capitalization and a 12-month trading range of GBX 486.60 to GBX 849.50.
- Analysts maintain a “Moderate Buy” consensus, with two Buy ratings and one Hold rating, although the average target price is GBX 468.
Safestore Holdings Plc (LON:SAFE - Get Free Report) insider Jane Bentall acquired 17,000 shares of the firm's stock in a transaction on Wednesday, October 14th. The stock was bought at an average price of GBX 508 per share, for a total transaction of £86,360.
Safestore Stock Up 4.7%
Safestore stock opened at GBX 523.50 on Friday. The company's 50-day moving average price is GBX 555.90 and its two-hundred day moving average price is GBX 607.86. The company has a quick ratio of 0.90, a current ratio of 0.39 and a debt-to-equity ratio of 49.06. The stock has a market cap of £1.14 billion, a P/E ratio of 17.63, a P/E/G ratio of 2.05 and a beta of 1.14. Safestore Holdings Plc has a twelve month low of GBX 486.60 and a twelve month high of GBX 849.50.
Wall Street Analyst Weigh In
SAFE has been the topic of several research reports. Peel Hunt restated an "add" rating and issued a GBX 640 price target on shares of Safestore in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 700 target price on shares of Safestore in a research report on Friday, September 4th. Finally, Jefferies Financial Group dropped their price target on Safestore from GBX 604 to GBX 64 and set a "buy" rating for the company in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 468.
Check Out Our Latest Research Report on SAFE
Safestore Company Profile
(
Get Free Report)
Safestore Holdings plc (LSE: SAFE) is the UK's largest self-storage group and a constituent of the FTSE-250 Index. Founded in 1998, Safestore provides flexible, affordable storage solutions to residential and business customers, operating as a Real Estate Investment Trust (REIT). The Group is headquartered in Borehamwood and listed on the Main Market of the London Stock Exchange.
Safestore is the UK's largest self-storage group with 215 stores across seven European countries, including over 140 stores in the UK – of which, 79 are in London and the South East, with further locations in Manchester, Birmingham, Glasgow, Edinburgh, Bristol, and Leeds.
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