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Safestay PLC 44.7% Potential Upside Indicated by Liberum Capital

Safestay PLC with EPIC/TICKER (LON:SSTY) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Safestay PLC are listed in the Consumer Services sector within AIM. Liberum Capital have set their target price at 55 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 44.7% from the opening price of 38 GBX. Over the last 30 and 90 trading days the company share price has increased 6.2 points and increased 5.5 points respectively. The 1 year high share price is 49 GBX while the 52 week low for the stock is 29 GBX.

Safestay PLC has a 50 day moving average of 32.63 GBX and the 200 Day Moving Average price is recorded at 34.92. There are currently 64,679,014 shares in issue with the average daily volume traded being 104,788. Market capitalisation for LON:SSTY is £24,578,025 GBP.