Raymond James Sticks to Its Buy Rating for Storagevault Canada (SVI)


A Wall Street analyst has provided a review for the Utilities company today, but retained the same rating on the stock. Analyst Johann Rodrigues from Raymond James reiterated a Buy rating on Storagevault Canada (SVI), with a C$3.25 price target.

According to TipRanks.com, Rodrigues is ranked #1830 out of 5129 analysts.

Storagevault Canada has an analyst consensus of Moderate Buy, with a price target consensus of C$3.10.

Based on Storagevault Canada’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$6.36 million. 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, Management, and Corporate.

The company’s shares closed on Monday at C$2.71.

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