StorageVault Canada (CVE:SVI – Get Free Report) has been assigned a C$6.00 target price by investment analysts at Desjardins in a research note issued on Tuesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective would suggest a potential downside of 6.54% from the stock’s current price.
Several other research firms have also weighed in on SVI. Raymond James reduced their price objective on shares of StorageVault Canada from C$6.75 to C$5.75 and set a “market perform” rating for the company in a research report on Friday, July 28th. Cormark dropped their price target on StorageVault Canada from C$7.25 to C$7.00 and set a “buy” rating on the stock in a report on Monday, August 21st. TD Securities cut their price objective on StorageVault Canada from C$7.50 to C$7.00 and set a “buy” rating for the company in a research report on Thursday, July 27th. National Bankshares reduced their price objective on StorageVault Canada from C$6.25 to C$5.50 in a research note on Friday, July 28th. Finally, Royal Bank of Canada reduced their price objective on StorageVault Canada from C$7.50 to C$6.50 and set an “outperform” rating for the company in a research note on Friday, July 28th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, StorageVault Canada has an average rating of “Moderate Buy” and a consensus price target of C$6.39.
StorageVault Canada Price Performance
About StorageVault Canada
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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