StorageVault Canada (CVE:SVI – Get Free Report) had its price target reduced by equities researchers at Scotiabank from C$6.50 to C$6.25 in a research report issued on Friday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential downside of 2.65% from the company’s previous close.
SVI has been the topic of a number of other research reports. TD Securities lowered their price objective on StorageVault Canada from C$6.50 to C$6.00 and set a “buy” rating on the stock in a research note on Thursday. National Bankshares reduced their target price on shares of StorageVault Canada from C$6.00 to C$5.75 and set a “sector perform” rating on the stock in a research note on Wednesday. Royal Bank of Canada increased their price target on shares of StorageVault Canada from C$6.00 to C$6.25 and gave the company an “outperform” rating in a research note on Tuesday, February 27th. Desjardins upped their price objective on StorageVault Canada from C$5.75 to C$6.25 and gave the company a “buy” rating in a report on Friday, February 23rd. Finally, Raymond James raised their target price on StorageVault Canada from C$5.75 to C$6.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 30th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$6.06.
Check Out Our Latest Research Report on SVI
StorageVault Canada Stock Performance
Insider Activity at StorageVault Canada
In other StorageVault Canada news, insider StorageVault Canada Inc. purchased 19,200 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were bought at an average cost of C$5.17 per share, for a total transaction of C$99,179.52.
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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