Life Storage found using ticker (LSI) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 204 and 127 and has a mean target at 147.64. With the stocks previous close at 136.11 this now indicates there is a potential upside of 8.5%. The day 50 moving average is 117.54 and the 200 day MA is 129.87. The market cap for the company is $11,789m. Visit the company website at: https://www.lifestorage.com
The potential market cap would be $12,787m 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.