LON:SAFE - Safestore Share Price, Forecast & News

Safestore's stock was trading at GBX 778 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SAFE shares have decreased by 17.2% and is now trading at GBX 644. View which stocks have been mosted 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 announced a dividend on Tuesday, January 7th. Investors of record on Thursday, March 5th will be given a dividend of GBX 12 per share on Thursday, April 9th. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, March 5th. This is a positive change from Safestore's previous dividend of $5.50. The official announcement can be seen at this link. View Safestore's dividend history.

6 brokerages have issued 1 year price objectives for Safestore's stock. Their forecasts range from GBX 750 to GBX 860. On average, they expect Safestore's stock price to reach GBX 795 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Safestore.

News coverage about SAFE stock has trended very positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Safestore earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutSafestore.

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

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), Barclays (BARC) and Altitude Group (ALT).

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 644.

Safestore has a market capitalization of £1.36 billion and generates £151.80 million in revenue each year. Safestore employs 639 workers across the globe. View additional information about Safestore.

The official website for Safestore is http://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.