Extra Space Storage Inc with ticker code (EXR) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 250 and 175 with the average target price sitting at 221.64. Given that the stocks previous close was at 203.61 this would indicate that there is a potential upside of 8.9%. The 50 day MA is 208.41 and the 200 moving average now moves to 177.12. The company has a market capitalisation of $26,807m. You can visit the company’s website by visiting: https://www.extraspace.com
The potential market cap would be $29,180m 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.
