Safestore Holdings Plc 38.4% Potential Upside Indicated by Berenberg

Broker Ratings
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Safestore Holdings Plc using EPIC/TICKER code (LON:SAFE) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Safestore Holdings Plc are listed in the Financials sector within UK Main Market. Berenberg have set a target price of 750 GBX on its stock. This now indicates the analyst believes there is a possible upside of 38.4% from the opening price of 542 GBX. Over the last 30 and 90 trading days the company share price has decreased 307 points and decreased 244.5 points respectively. The 1 year high stock price is 886.89 GBX while the 52 week low for the stock is 501 GBX.

Safestore Holdings Plc has a 50 day moving average of 791.01 GBX and a 200 day moving average of 718.56. There are currently 210,438,899 shares in issue with the average daily volume traded being 753,697. Market capitalisation for LON:SAFE is £1,161,622,728 GBP.

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    Safestore Holdings plc announces its results for the year ended October 31, 2023, showing strong financial performance and strategic progress.

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