Safestore’s (SAFE) Hold Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Safestore (LON:SAFE) in a report issued on Tuesday morning.

Separately, Liberum Capital restated a buy rating on shares of Safestore in a research note on Friday, October 19th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Safestore presently has a consensus rating of Buy and an average price target of GBX 599 ($7.83).

Get Safestore alerts:

Safestore stock opened at GBX 549 ($7.17) on Tuesday. Safestore has a one year low of GBX 360 ($4.70) and a one year high of GBX 528 ($6.90).

The business also recently declared a dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Thursday, March 7th will be paid a dividend of GBX 11.15 ($0.15) per share. This is a positive change from Safestore’s previous dividend of $5.10. The ex-dividend date of this dividend is Thursday, March 7th. This represents a yield of 2.08%.

About Safestore

Safestore is the UK's largest self-storage group with 146 stores at 31 October 2018, comprising 119 wholly owned stores in the UK (including 67 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol) and 27 wholly owned stores in the Paris region.

Featured Article: How are the companies in the S&P 500 selected?

Receive News & Ratings for Safestore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safestore and related companies with MarketBeat.com's FREE daily email newsletter.