Peel Hunt Reiterates “Hold” Rating for Safestore (LON:SAFE)

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Safestore (LON:SAFE)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

SAFE has been the subject of several other research reports. Liberum Capital reiterated a “buy” rating on shares of Safestore in a research note on Tuesday, April 2nd. Numis Securities upgraded shares of Safestore to an “add” rating in a research note on Thursday, June 13th.

SAFE stock opened at GBX 611 ($7.98) on Tuesday. The company has a current ratio of 0.64, a quick ratio of 0.52 and a debt-to-equity ratio of 54.05. Safestore has a 1-year low of GBX 493 ($6.44) and a 1-year high of GBX 662.50 ($8.66). The company’s fifty day simple moving average is GBX 638.35. The company has a market capitalization of $1.29 billion and a price-to-earnings ratio of 7.26.

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.

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