Safestore (LON:SAFE) Stock Rating Reaffirmed by Liberum Capital

Safestore (LON:SAFE)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently issued reports on the stock. Berenberg Bank reissued a “buy” rating on shares of Safestore in a research report on Friday, October 4th. Peel Hunt reissued a “hold” rating on shares of Safestore in a research report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Safestore presently has a consensus rating of “Buy” and an average price target of GBX 668.33 ($8.73).

Shares of SAFE stock opened at GBX 731.50 ($9.56) on Thursday. The firm has a market cap of $1.52 billion and a P/E ratio of 12.11. Safestore has a 1-year low of GBX 496.40 ($6.49) and a 1-year high of GBX 717.50 ($9.38). The company has a debt-to-equity ratio of 55.73, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s 50-day simple moving average is GBX 683.19 and its 200-day simple moving average is GBX 649.30.

In other Safestore news, insider Frederic Vecchioli bought 18,475 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was purchased at an average price of GBX 164 ($2.14) per share, with a total value of £30,299 ($39,591.01).

About Safestore

UK's largest self storage group with 146 stores Safestore has 119 self storage centres in the UK including two business centres and a further 27 stores in the Paris region. Safestore was founded in the UK in 1998. It acquired the French business “Une Pièce en Plus” in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Safestore (LON:SAFE)

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