Life Storage found using ticker (LSI) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 204 and 125 with a mean TP of 148.36. With the stocks previous close at 102.42 this would imply there is a potential upside of 44.9%. The 50 day MA is 125.46 and the 200 moving average now moves to 130.75. The company has a market cap of $9,130m. You can visit the company’s website by visiting: https://www.lifestorage.com
The potential market cap would be $13,225m 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.