Analysts Set StorageVault Canada Inc. (CVE:SVI) PT at C$5.91

Shares of StorageVault Canada Inc. (CVE:SVIGet Free Report) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$5.81.

A number of research firms recently issued reports on SVI. Cormark lowered their target price on StorageVault Canada from C$6.25 to C$5.50 in a report on Friday, July 26th. TD Securities lifted their target price on StorageVault Canada from C$6.00 to C$6.50 in a report on Wednesday, September 4th. Scotiabank lowered their target price on StorageVault Canada from C$5.75 to C$5.50 in a report on Friday, October 25th. Raymond James lowered their target price on StorageVault Canada from C$5.75 to C$5.25 and set a “market perform” rating on the stock in a report on Thursday, October 24th. Finally, National Bankshares lifted their target price on StorageVault Canada from C$5.75 to C$6.00 in a report on Wednesday, October 9th.

Check Out Our Latest Stock Report on StorageVault Canada

Insider Buying and Selling

In related news, Director Jay Lynne Fleming sold 67,400 shares of StorageVault Canada stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of C$5.00, for a total value of C$337,006.74. In other StorageVault Canada news, Director Benjamin Harris bought 30,000 shares of the stock in a transaction on Monday, September 9th. The shares were bought at an average price of C$4.94 per share, with a total value of C$148,260.00. Also, Director Jay Lynne Fleming sold 67,400 shares of StorageVault Canada stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of C$5.00, for a total value of C$337,006.74.

StorageVault Canada Price Performance

Shares of CVE SVI opened at C$6.42 on Wednesday. StorageVault Canada has a fifty-two week low of C$3.68 and a fifty-two week high of C$7.39. The firm’s 50-day simple moving average is C$6.42 and its 200 day simple moving average is C$6.42. The company has a quick ratio of 2.53, a current ratio of 3.04 and a debt-to-equity ratio of 687.87. The stock has a market cap of C$2.43 billion and a P/E ratio of -71.33.

StorageVault Canada Company Profile

(Get Free Report

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages 45 stores owned by third parties; and stores, shreds, and manages documents and records for customers.

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Analyst Recommendations for StorageVault Canada (CVE:SVI)

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