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 129 with a mean TP of 151.64. Given that the stocks previous close was at 112.62 this is indicating there is a potential upside of 34.6%. The 50 day moving average now sits at 124.77 and the 200 moving average now moves to 127.67. The market cap for the company is $9,583m. You can visit the company’s website by visiting: https://www.lifestorage.com
The potential market cap would be $12,903m 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.
