Safestore Holdings PLC (OTCMKTS:SFSHF) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Safestore Holdings PLC (OTCMKTS:SFSHF) have earned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company.

SFSHF has been the topic of several research reports. Oddo Bhf lowered shares of Safestore from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 16th. Citigroup restated a “buy” rating on shares of Safestore in a research note on Monday, October 19th. Barclays upgraded Safestore from an “equal weight” rating to an “overweight” rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft downgraded Safestore to a “hold” rating in a research note on Wednesday, August 19th.

Safestore Price Performance

OTCMKTS SFSHF opened at $7.27 on Monday. Safestore has a twelve month low of $7.27 and a twelve month high of $11.01. The business has a 50-day moving average price of $7.49 and a 200-day moving average price of $8.20.

Safestore Company Profile

Safestore Holdings plc is a self-storage company headquartered in the United Kingdom. Through its Safestore and Access Self Storage operations, the company provides storage units and related services for individuals, households, and businesses.

Its services include short- and long-term storage for personal belongings, business inventory, documents, equipment, and other goods. Customers generally rent units in a range of sizes, with access to secure, monitored facilities. Safestore also offers business storage solutions and moving-related storage services.

Founded in 1998 and listed on the London Stock Exchange in 2007, Safestore has expanded its operations across the United Kingdom and France, including the Paris region.