Safestay PLC (LON:SSTY)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a research note issued on Thursday. They presently have a GBX 65 ($0.85) price objective on the stock. Canaccord Genuity’s target price would suggest a potential upside of 49.43% from the stock’s current price.
Shares of Safestay PLC (LON:SSTY) opened at 42.70 on Thursday. Safestay PLC has a 52 week low of GBX 40.00 and a 52 week high of GBX 70.00. The firm’s 50-day moving average is GBX 48.96 and its 200 day moving average is GBX 53.36. The company’s market capitalization is GBX 14.61 million.
About Safestay PLC
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.
Receive News & Ratings for Safestay PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safestay PLC and related companies with MarketBeat.com's FREE daily email newsletter.