Brokerages Set StorageVault Canada Inc. (TSE:SVI) PT at C$5.17

StorageVault Canada Inc. (TSE:SVI - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$5.17.

A number of brokerages recently commented on SVI. Raymond James Financial lifted their target price on shares of StorageVault Canada from C$4.70 to C$4.75 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. CIBC lowered their target price on StorageVault Canada from C$4.75 to C$4.25 in a research note on Friday, April 25th. Desjardins reduced their price target on StorageVault Canada from C$4.75 to C$4.25 and set a "hold" rating on the stock in a research report on Monday, April 28th. Finally, Royal Bank Of Canada set a C$5.50 price objective on StorageVault Canada and gave the company an "outperform" rating in a research report on Wednesday, May 21st.

Insider Transactions at StorageVault Canada

In other StorageVault Canada news, insider StorageVault Canada Inc. bought 189,500 shares of the stock in a transaction on Friday, May 30th. The shares were bought at an average price of C$4.15 per share, with a total value of C$786,425.00. Also, Director Benjamin Harris sold 30,000 shares of StorageVault Canada stock in a transaction on Monday, May 5th. The stock was sold at an average price of C$3.78, for a total value of C$113,439.00. 38.49% of the stock is owned by company insiders.

StorageVault Canada Price Performance

SVI stock remained flat at C$4.02 during midday trading on Monday. 206,524 shares of the company's stock were exchanged, compared to its average volume of 346,506. The company has a market cap of C$1.48 billion, a P/E ratio of -29.26 and a beta of 0.89. StorageVault Canada has a fifty-two week low of C$3.53 and a fifty-two week high of C$5.26. The company's 50-day moving average is C$3.96 and its 200-day moving average is C$3.90.

StorageVault Canada Company Profile

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.