Extra Space Storage Inc – Consensus Indicates Potential 24.3% Upside

Broker Ratings
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Extra Space Storage Inc with ticker code (EXR) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 246 and 172 calculating the mean target price we have 216.62. Given that the stocks previous close was at 174.34 this would imply there is a potential upside of 24.3%. The 50 day moving average now sits at 196.12 while the 200 day moving average is 194.55. The market capitalisation for the company is $24,663m. Find out more information at: https://www.extraspace.com

The potential market cap would be $30,644m 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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