Life Storage found using ticker (LSI) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 204 and 125 and has a mean target at 151.45. With the stocks previous close at 113.12 this now indicates there is a potential upside of 33.9%. The 50 day moving average now sits at 132.43 while the 200 day moving average is 131.34. The market capitalisation for the company is $9,605m. You can visit the company’s website by visiting: https://www.lifestorage.com
The potential market cap would be $12,860m 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.
