LON:SAFESafestore Share Price, Forecast & News

Safestore's stock was trading at GBX 778 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SAFE shares have decreased by 3.7% and is now trading at GBX 749. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Safestore in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Safestore.

Safestore declared a dividend on Thursday, June 18th. Investors of record on Thursday, July 9th will be given a dividend of GBX 5.90 per share on Friday, August 14th. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, July 9th. The official announcement can be seen at this link. View Safestore's dividend history.

6 brokerages have issued 1 year target prices for Safestore's shares. Their forecasts range from GBX 700 to GBX 820. On average, they expect Safestore's stock price to reach GBX 755 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View analysts' price targets for Safestore.

News headlines about SAFE stock have been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Safestore earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Safestore.

Some companies that are related to Safestore include Granite Real Estate Investment Trust (GRT.UN), Tritax Big Box REIT (BBOX), BWP Trust (BWP), Big Yellow Group (BYG), Dream Industrial Real Estate Invest Trst (DIR.UN), Summit Industrial Income REIT (SMU.UN), National Storage REIT Stapled Securities (NSR), WPT Industrial Real Estate Investment (WIR.U), Centuria Industrial Reit (CIP), UK Commercial Property REIT (UKCM), Hansteen (HSTN), Warehouse REIT (WHR), Plymouth Ind Re (PLYM), Plymouth Industrial Reit (PLYM) and Big Yellow Group (BYLOF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Safestore investors own include Hansteen (HSTN), Big Yellow Group (BYG), Aberdeen Asset Management (ADN), Carnival (CCL), Games Workshop Group (GAW), Ibstock (IBST), KEFI Minerals (KEFI), Persimmon (PSN), Accesso Technology Group (ACSO) and Eight Peaks Group (8PG).

Safestore trades on the London Stock Exchange (LON) under the ticker symbol "SAFE."

Shares of SAFE and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

One share of SAFE stock can currently be purchased for approximately GBX 749.

Safestore has a market capitalization of £1.58 billion and generates £158 million in revenue each year. Safestore employs 639 workers across the globe.

The official website for Safestore is www.safestore.com.

Safestore's mailing address is Britannic House, Stirling Way, BOREHAMWOOD, WD6 2BT, United Kingdom. The company can be reached via phone at +44-20-87321500.