Public Storage with ticker code (PSA) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $374.00 and $250.00 calculating the average target price we see $323.13. Given that the stocks previous close was at $327.79 this would imply there is a potential downside of -1.4%. The 50 day moving average now sits at $300.92 and the 200 moving average now moves to $283.82. The market capitalization for the company is 58.32B. The price for the stock stands currently at: $333.24 USD
The potential market cap would be $57,493,853,079 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 31.26, revenue per share of $26.54 and a 7.55% return on assets.
Public Storage is a real estate investment trust (REIT). The Company’s principal business activities include the ownership and operation of self-storage facilities and other related operations, including tenant reinsurance and third-party self-storage management. The Company’s segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. It holds interests in and consolidated approximately 2,869 self-storage facilities (an aggregate of about 204 million net rentable square feet of space). Its subsidiaries include PS LPT Properties Investors and PS California Holdings, Inc.
