Extra Space Storage Inc – Consensus Indicates Potential 5.9% Upside

Broker Ratings
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Extra Space Storage Inc with ticker code (EXR) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 250 and 172 calculating the average target price we see 223.08. Now with the previous closing price of 210.6 this now indicates there is a potential upside of 5.9%. The 50 day moving average now sits at 198.55 while the 200 day moving average is 191.68. The market cap for the company is $29,965m. You can visit the company’s website by visiting: https://www.extraspace.com

The potential market cap would be $31,741m 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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