Safestore Holdings Plc 4.1% upside potential indicated by Barclays

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Safestore Holdings Plc 4.1% upside potential indicated by Barclays

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Safestore Holdings Plc with ticker (LON:SAFE) now has a potential upside of 4.1% according to Barclays.

Barclays set a GBX 1,100 price target on the company, which compared to Safestore Holdings Plc’s GBX 1,055 share price at today’s (02/17/2023) open, indicating a potential upside of 4.1%. Trading ranges between 745 (52 week low) and 1423 (52 week high) with an average of 288,193 shares exchanging hands each day. The market capitalization at the time of writing is £2,319,221,580.

Safestore Holdings plc is a UK based self storage company. The company has approximately 181 stores, including 130 wholly owned stores in the UK (including 72 in London and the South East with the remainder in metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol), 29 wholly owned stores in the Paris area, nine stores in the Netherlands, six stores in Belgium and seven stores in Spain. It operates more self-storage sites on the M25 and in central Paris. It provides storage to around 90,000 personal and business customers. The company has an estimated maximum leasable area (MLA) of 7.698 million square feet (excluding expansion pipeline warehouses).

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