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Safestore Holdings Plc’s (SAFE) Hold Rating Reiterated at Jefferies Group

On Friday Jefferies International reiterated its target price on Unite Group PLC (LON:UTG) shares issuing the company with a “Hold” rating. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

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On 8/16/2016, Canaccord Genuity reported about Mears Group PLC (LON:MER) kept the target price at 400.00GBX.

A number of analysts have weighed in on the company. Numis Securities Ltd cut shares of Safestore Holdings Plc to an “add” rating and decreased their target price for the stock from GBX 499 ($6.43) to GBX 442 ($5.69) in a research note on Tuesday, August 2nd.

Unite Group PLC has 222,326,000 shares outstanding at the moment which are trading around 617.5 bringing Unite Group PLC’s market capitalisation to 1.37B GBP. JPMorgan Chase & Co. lowered their price target on FirstGroup plc from GBX 145 ($1.87) to GBX 140 ($1.80) and set an “overweight” rating on the stock in a research report on Monday, July 18th.

TT Electronics plc (LON:TTG) traded up 3.25% on Friday, hitting GBX 150.75.

In related news, insider O’Toole, Tim bought 7,281 shares of the business’s stock in a transaction on Wednesday, May 25th. The stock was purchased at an average cost of GBX 122 ($1.57) per share, with a total value of £38,350.70 ($49,382.82). The ex-dividend date is Thursday, October 6th.

The 52 week high of Unite Group PLC’s shares is 701 whilst the 52 week low for shares in the company is 550.5. The company has a 50-day moving average price of GBX 134.28 and a 200-day moving average price of GBX 142.85.

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Safestore Holdings plc is a United Kingdom-based self-storage company. The Company operates through five segments: First Student, First Transit, Greyhound, UK Bus and UK Rail. The Transportation Sensing and Control segment develops sensors and control solutions for automotive original equipment manufacturers and tier one suppliers, including powertrain providers for passenger cars and trucks. The First Transit is the private sector providers of public transit management and contracting in North America.

Mears Group PLC