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

Shares of StorageVault Canada Inc. (OTCMKTS:SVAUFGet Rating) have received a consensus recommendation of “Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have covered the stock in the last year is $7.60.

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

OTCMKTS SVAUF opened at $4.88 on Thursday. StorageVault Canada has a one year low of $3.77 and a one year high of $5.89. The stock’s 50 day simple moving average is $4.90 and its 200 day simple moving average is $5.14.

The company also recently disclosed a dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be issued a dividend of $0.0022 per share. This represents a yield of 0.18%. The ex-dividend date is Wednesday, June 29th.

About StorageVault Canada (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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Analyst Recommendations for StorageVault Canada (OTCMKTS:SVAUF)

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