Life Storage found using ticker (LSI) now have 11 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 204 and 125 with the average target price sitting at 147.64. Now with the previous closing price of 112.14 this now indicates there is a potential upside of 31.7%. The 50 day moving average now sits at 119 and the 200 day moving average is 129.96. The market capitalisation for the company is $9,561m. Company Website: https://www.lifestorage.com
The potential market cap would be $12,587m 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.
