Life Storage with ticker code (LSI) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 160 and 140 calculating the mean target price we have 151.9. Given that the stocks previous close was at 130.58 this would imply there is a potential upside of 16.3%. The day 50 moving average is 140.13 and the 200 moving average now moves to 122.88. The market capitalisation for the company is $10,659m. Visit the company website at: https://www.lifestorage.com
The potential market cap would be $12,400m based on the market concensus.
Life Storage is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 900 storage facilities in 30 states and in the province of Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 500,000 customers, making it a leader in the industry.
