Analysts Set StorageVault Canada Inc. (CVE:SVI) PT at C$5.81

Shares of StorageVault Canada Inc. (CVE:SVI) have earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is C$5.88.

A number of research firms recently issued reports on SVI. Cormark lowered their target price on shares of StorageVault Canada from C$6.25 to C$5.50 in a report on Friday, July 26th. National Bankshares upgraded shares of StorageVault Canada from a “sector perform” rating to an “outperform” rating and set a C$5.75 price target on the stock in a report on Thursday, July 18th. TD Securities upped their price objective on StorageVault Canada from C$6.00 to C$6.50 in a report on Wednesday. Finally, Scotiabank cut their target price on StorageVault Canada from C$6.25 to C$5.75 in a research report on Friday, July 26th.

StorageVault Canada Price Performance

Shares of CVE:SVI opened at C$6.42 on Tuesday. The company has a current ratio of 3.04, a quick ratio of 2.53 and a debt-to-equity ratio of 687.87. The firm has a market cap of C$2.43 billion and a price-to-earnings ratio of -71.33. The stock’s 50-day moving average price is C$6.42 and its two-hundred day moving average price is C$6.42. StorageVault Canada has a 12-month low of C$3.68 and a 12-month high of C$7.39.

Insider Activity

In related news, insider StorageVault Canada Inc. acquired 80,000 shares of StorageVault Canada stock in a transaction on Friday, June 21st. The shares were bought at an average price of C$4.60 per share, for a total transaction of C$368,000.00. In related news, insider StorageVault Canada Inc. purchased 80,000 shares of the firm’s stock in a transaction on Friday, June 21st. The stock was purchased at an average price of C$4.60 per share, for a total transaction of C$368,000.00. Also, Director Jay Lynne Fleming sold 67,400 shares of StorageVault Canada stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$5.00, for a total transaction of C$337,006.74.

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.