Extra Space Storage Inc – Consensus Indicates Potential -2.8% Downside

Broker Ratings
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Extra Space Storage Inc with ticker code (EXR) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 246 and 156 calculating the average target price we see 207.75. With the stocks previous close at 213.79 this now indicates there is a potential downside of -2.8%. The 50 day moving average now sits at 178.52 and the 200 day moving average is 194.08. The company has a market cap of $29,874m. Find out more information at: https://www.extraspace.com

The potential market cap would be $29,030m 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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