Safestay PLC (SSTY) Given New GBX 65 Price Target at Canaccord Genuity

Safestay PLC (LON:SSTY) had its price target increased by Canaccord Genuity from GBX 60 ($0.78) to GBX 65 ($0.85) in a report issued on Tuesday. The brokerage currently has a buy rating on the stock.

Shares of Safestay PLC (LON:SSTY) traded up 1.37% during trading on Tuesday, reaching GBX 51.70. The company had a trading volume of 16,149 shares. Safestay PLC has a 52 week low of GBX 36.70 and a 52 week high of GBX 59.00. The stock’s 50-day moving average price is GBX 51.68 and its 200-day moving average price is GBX 46.05. The company’s market capitalization is GBX 17.69 million.

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About Safestay PLC

Safestay plc is a United Kingdom-based owner and operator of a hostel group. The principal activity of the Company consists of the operation of backpacker tourist hostels under the Safestay brand. The Company offers accommodation for a range of guests, including from school groups, young adults and backpackers to families.

12 Month Chart for LON:SSTY

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