Safestay’s (SSTY) “Buy” Rating Reiterated at Canaccord Genuity
Separately, JPMorgan Chase & Co. reiterated a buy rating and set a GBX 70 ($0.91) price target on shares of Safestay in a report on Tuesday, September 25th.
Shares of SSTY stock remained flat at $GBX 38.50 ($0.50) during trading on Friday. 16,500 shares of the company were exchanged, compared to its average volume of 11,233. Safestay has a 52-week low of GBX 44 ($0.57) and a 52-week high of GBX 55 ($0.72).
Safestay plc operates and develops tourist hostels under the Safestay brand in the United Kingdom. It provides overnight hostel accommodation services; and owns properties. The company serves families, school groups, young adults, backpackers, and savvy business travelers. Safestay Plc was incorporated in 2014 and is based in London, the United Kingdom.
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