Life Storage with ticker code (LSI) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 186 and 143 calculating the mean target price we have 159.27. Given that the stocks previous close was at 133.73 this is indicating there is a potential upside of 19.1%. The 50 day MA is 139.93 and the 200 moving average now moves to 120.87. The company has a market capitalisation of $11,302m. Company Website: https://www.lifestorage.com
The potential market cap would be $13,460m 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.
