StorageVault Canada Inc. (TSE:SVI) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of StorageVault Canada Inc. (TSE:SVI - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$5.62.

A number of research firms have issued reports on SVI. National Bankshares lifted their target price on shares of StorageVault Canada from C$5.75 to C$6.00 in a research note on Wednesday, October 9th. CIBC set a C$5.00 target price on shares of StorageVault Canada and gave the stock a "negative" rating in a research report on Tuesday, December 17th. Desjardins cut StorageVault Canada from a "moderate buy" rating to a "hold" rating in a research report on Thursday, October 24th. Raymond James decreased their price objective on StorageVault Canada from C$5.25 to C$4.70 in a report on Monday, January 13th. Finally, Scotiabank reduced their price target on shares of StorageVault Canada from C$5.50 to C$5.25 in a research report on Thursday.

StorageVault Canada Stock Up 0.5 %

SVI stock opened at C$3.71 on Friday. The company has a 50 day moving average of C$3.96 and a two-hundred day moving average of C$4.41. StorageVault Canada has a 12-month low of C$3.66 and a 12-month high of C$5.48. The company has a market cap of C$1.38 billion, a price-to-earnings ratio of -46.38 and a beta of 0.89.

Insider Buying and Selling at StorageVault Canada

In related news, insider StorageVault Canada Inc. acquired 25,000 shares of the company's stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of C$3.92 per share, for a total transaction of C$97,930.00. Insiders have purchased 33,100 shares of company stock worth $130,358 over the last quarter. Corporate insiders own 38.49% of the company's stock.

StorageVault Canada Company Profile

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.