Extra Space Storage Inc – Consensus Indicates Potential 11.1% Upside

Broker Ratings
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Extra Space Storage Inc with ticker code (EXR) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 250 and 175 calculating the mean target price we have 222. With the stocks previous close at 199.75 this indicates there is a potential upside of 11.1%. The 50 day MA is 207.93 and the 200 moving average now moves to 181.36. The market cap for the company is $26,666m. Company Website: https://www.extraspace.com

The potential market cap would be $29,636m based on the market concensus.

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company’s stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

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