Today, an analyst has provided a rating update for the Utilities sector company, Storagevault Canada (SVI). Analyst Johann Rodrigues from Raymond James rated Storagevault Canada (SVI) a Buy, setting a C$3.50 price target.
Rodrigues has an average return of 0.2% when recommending Storagevault Canada.
According to TipRanks.com, Rodrigues is ranked #1826 out of 5216 analysts.
Storagevault Canada has an analyst consensus of Strong Buy, with a price target consensus of C$3.33, representing a 19.8% upside. In a report issued on February 28, Industrial Alliance Securities also upgraded the stock to Buy.
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Based on Storagevault Canada’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of C$843.8K. In comparison, last year the company had a net profit of C$15.34 million.
StorageVault Canada, Inc. engages in the business of owning, operating and renting self storage and portable storage space to individual and commercial customers. It operates through the following business segments: Self Storage, Portable Storage and Management.
The company’s shares closed on Thursday at C$2.78.
