Extra Space Storage Inc with ticker code (EXR) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 250 and 172 with a mean TP of 223.69. Given that the stocks previous close was at 208.54 this is indicating there is a potential upside of 7.3%. There is a 50 day moving average of 200.71 while the 200 day moving average is 193.67. The market capitalisation for the company is $28,785m. Company Website: https://www.extraspace.com
The potential market cap would be $30,876m 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.
