Public Storage – Consensus ‘buy’ rating and 11.4% Upside Potential

Broker Ratings
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Public Storage with ticker code (PSA) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $348.00 and $250.00 suggesting an average Analsyt target price of $307.15. Given that the stocks previous close was at $275.78 and the analysts are correct then there would likely be a percentage uptick in value of 11.4%. The 50 day moving average now sits at $284.32 and the 200 day MA is $277.95. The company has a market capitalization of 48.50B. The current stock price for Playtika Holding Corp. is currently $275.29 USD

The potential market cap would be $54,020,605,060 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 24.87, revenue per share of $25.91 and a 7.8% 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.

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