Safestore (LON:SAFE) Given Hold Rating at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Safestore (LON:SAFE) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.

Other research analysts have also recently issued research reports about the stock. Numis Securities restated a buy rating and issued a GBX 2,800 ($36.59) price objective on shares of in a report on Thursday, June 13th. Liberum Capital restated a hold rating on shares of Daily Mail and General Trust P L C in a report on Tuesday, July 2nd.

Shares of SAFE stock opened at GBX 644 ($8.42) on Monday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 55.73. The firm has a market capitalization of $1.34 billion and a PE ratio of 10.66. The company has a 50 day simple moving average of GBX 634.26. Safestore has a fifty-two week low of GBX 493 ($6.44) and a fifty-two week high of GBX 662.50 ($8.66).

The firm also recently disclosed a dividend, which will be paid on Friday, August 16th. Investors of record on Thursday, July 11th will be issued a GBX 5.50 ($0.07) dividend. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, July 11th. Safestore’s dividend payout ratio (DPR) is currently 0.28%.

Safestore Company Profile

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.

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