StorageVault Canada Inc. (OTCMKTS:SVAUF) Receives Average Recommendation of “Buy” from Analysts

Shares of StorageVault Canada Inc. (OTCMKTS:SVAUF – Get Rating) have earned a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have covered the stock in the last year is $7.60.

A number of brokerages have recently weighed in on SVAUF. Raymond James lifted their price target on StorageVault Canada from C$7.50 to C$7.75 in a report on Friday, February 25th. TD Securities upgraded StorageVault Canada from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. Finally, Scotiabank lifted their price target on StorageVault Canada from C$7.25 to C$7.50 in a report on Monday, February 28th.

Shares of OTCMKTS SVAUF opened at $4.88 on Thursday. The stock’s fifty day simple moving average is $4.90 and its 200 day simple moving average is $5.14. StorageVault Canada has a 52-week low of $3.77 and a 52-week high of $5.89.

The business also recently declared a dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be given a $0.0022 dividend. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a dividend yield of 0.18%.

StorageVault Canada Company Profile (Get Rating)

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 Fees. The company manages 34 stores owned by third parties; and stores, shreds, and manages documents and records for customers.

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