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GEAR4MUSIC HOLDINGS

P 190 180.00 185 21 June 180 175 170 15 June 16 June 17 June 20 June 21 June

Gear4music offered "no surprise" yesterday with pre-tax profits of £5m, analysts at Peel Hunt said, after it pre-announced its earnings outcome for the full-year. The music equipment seller doubled down on a guidance statement, but analysts say forecast momentum is "flat" and they have cut the stock's target price to 200p and advised investors to hold.

SAFESTORE HOLDINGS

P 1,070 1,051.00 1,060 21 June 1,050 1,040 1,030 15 June 16 June 17 June 20 June 21 June

Storage provider Safestore said it expected earnings per share for the full year to be ahead of consensus at 45.9p yesterday as it hiked its interim dividend by 25 per cent to 9.4p. Storage revenue at the firm was up 15.1 per cent, driven by a 12 per cent boost in the average storage rate. Analysts at Peel Hunt have set a target price of 1,300p and advised investors to hold the stock, with growth expected this quarter.

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