FinnCap Reiterates “Corporate” Rating for Lok'n Store Group Plc (LOK)
Lok'n Store Group Plc (LON:LOK)‘s stock had its “corporate” rating reaffirmed by FinnCap in a report issued on Thursday. They presently have a GBX 478.40 ($5.98) target price on the stock. FinnCap’s price objective would indicate a potential upside of 15.56% from the stock’s current price.
Lok'n Store Group Plc (LON:LOK) opened at 414.00 on Thursday. The stock’s market capitalization is GBX 106.84 million. The company has a 50-day moving average price of GBX 406.08 and a 200 day moving average price of GBX 346.28. Lok'n Store Group Plc has a 1-year low of GBX 265.00 and a 1-year high of GBX 467.00.
The company also recently disclosed a dividend, which will be paid on Monday, December 19th. Investors of record on Thursday, November 17th will be issued a GBX 6.33 ($0.08) dividend. This is a positive change from Lok'n Store Group Plc’s previous dividend of $2.67. This represents a yield of 1.67%. The ex-dividend date of this dividend is Thursday, November 17th.
In related news, insider Neil Newman sold 13,500 shares of the business’s stock in a transaction dated Wednesday, October 19th. The stock was sold at an average price of GBX 390 ($4.87), for a total value of £52,650 ($65,779.61).
Lok'n Store Group Plc Company Profile
Lok’nStore Group Plc is a United Kingdom-based company, which is engaged in providing self-storage and related services. The Company’s segments include Self-storage, and Serviced archive & records management. The Company offers serviced document storage and management services to third-party self-storage owners.
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