Shurgard Self Storage (OTCMKTS:SSSAF) Stock Price Up 2.1% – Here’s What Happened

Shurgard Self Storage Ltd (OTCMKTS:SSSAF – Get Free Report) shares rose 2.1% during trading on Wednesday. The company traded as high as $24.50 and last traded at $24.50. Approximately 175 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,751 shares. The stock had previously closed at $24.00.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. The Goldman Sachs Group cut Shurgard Self Storage to a “neutral” rating in a research note on Monday, September 7th. Barclays cut shares of Shurgard Self Storage to an “underweight” rating in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft downgraded shares of Shurgard Self Storage to a “hold” rating in a report on Wednesday, August 19th. Citigroup restated a “buy” rating on shares of Shurgard Self Storage in a research report on Friday, August 14th. Finally, BNP Paribas Exane assumed coverage on shares of Shurgard Self Storage in a research note on Wednesday, July 1st. They set an “outperform” rating for the company. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Shurgard Self Storage currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Shurgard Self Storage

Shurgard Self Storage Price Performance

The business’s 50 day moving average is $27.24 and its 200 day moving average is $28.66.

About Shurgard Self Storage

(Get Free Report)

Shurgard Self Storage SA is a European self-storage company that owns, develops and operates storage facilities for individuals and businesses. Its facilities offer a range of storage units designed for personal belongings, household moves, business inventory, archives and other storage needs.

The company provides customers with flexible rental arrangements, online reservations and account management, secure facility access, and related products such as packing and moving supplies. Its facilities are generally located in urban and metropolitan areas, where demand for additional storage space is supported by residential mobility, business activity and limited available space.

Shurgard serves customers across several European markets, including the United Kingdom, France, the Netherlands, Sweden, Germany, Belgium and Denmark.

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