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The latest update is out from Safestore Holdings ( (GB:SAFE) ).
Safestore Holdings plc announced a transaction involving its Chief Financial Officer, Simon Clinton, who purchased 4,656 ordinary shares at a price of £6.44325 each, totaling £29,999.78, on the London Stock Exchange. This transaction reflects the confidence of the company’s management in its financial stability and future growth prospects, potentially reassuring stakeholders and investors about the company’s market positioning.
The most recent analyst rating on (GB:SAFE) stock is a Buy with a £724.00 price target. To see the full list of analyst forecasts on Safestore Holdings stock, see the GB:SAFE Stock Forecast page.
Spark’s Take on GB:SAFE Stock
According to Spark, TipRanks’ AI Analyst, GB:SAFE is a Outperform.
Safestore Holdings has a strong financial foundation and attractive valuation, making it a potentially undervalued investment with good income returns. However, technical indicators suggest caution due to recent bearish trends. Monitoring revenue and free cash flow trends is advised.
To see Spark’s full report on GB:SAFE stock, click here.
More about Safestore Holdings
Safestore Holdings plc operates in the self-storage industry, providing storage solutions for personal and business use. The company focuses on offering secure and flexible storage options across various locations, primarily in the UK and Europe.
Average Trading Volume: 604,919
Technical Sentiment Signal: Sell
Current Market Cap: £1.39B
Learn more about SAFE stock on TipRanks’ Stock Analysis page.