StorageVault Canada (TSE:SVI) Stock Price Expected to Rise, Raymond James Financial Analyst Says

StorageVault Canada (TSE:SVI) had its price target upped by stock analysts at Raymond James Financial from C$5.50 to C$5.75 in a research report issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s target price would suggest a potential upside of 14.77% from the stock’s previous close. Raymond James Financial also issued estimates for StorageVault Canada’s Q1 2027 earnings at $0.06 EPS and FY2027 earnings at $0.31 EPS.

Other equities analysts also recently issued reports about the company. Royal Bank Of Canada boosted their price objective on StorageVault Canada from C$5.75 to C$6.00 and gave the stock an “outperform” rating in a research report on Friday. TD Securities boosted their price objective on StorageVault Canada from C$5.50 to C$6.00 and gave the stock a “buy” rating in a research report on Thursday. Desjardins upgraded StorageVault Canada from a “hold” rating to a “buy” rating and boosted their price objective for the stock from C$4.25 to C$5.00 in a research report on Thursday, July 24th. BMO Capital Markets set a C$5.50 target price on StorageVault Canada and gave the stock an “outperform” rating in a report on Wednesday, August 27th. Finally, CIBC boosted their target price on StorageVault Canada from C$4.75 to C$5.50 and gave the stock a “neutral” rating in a report on Friday. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, StorageVault Canada has a consensus rating of “Moderate Buy” and an average target price of C$5.81.

StorageVault Canada Trading Up 1.2%

Shares of TSE SVI opened at C$5.01 on Friday. The stock has a 50 day simple moving average of C$4.86 and a 200-day simple moving average of C$4.35. The company has a market cap of C$1.83 billion, a PE ratio of -59.64 and a beta of 0.82. StorageVault Canada has a 12-month low of C$3.53 and a 12-month high of C$5.23.

Insider Buying and Selling

In related news, Director Alan Arthur Simpson sold 134,700 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of C$4.70, for a total transaction of C$633,090.00. Following the sale, the director owned 381,305 shares of the company’s stock, valued at C$1,792,133.50. The trade was a 26.10% decrease in their ownership of the stock. Insiders sold a total of 467,900 shares of company stock worth $2,204,719 over the last quarter. 38.49% of the stock is owned by insiders.

About StorageVault Canada

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company’s property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.