Public Storage which can be found using ticker (PSA) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $348.00 and $250.00 calculating the average target price we see $309.80. Given that the stocks previous close was at $273.20 and the analysts are correct then there would likely be a percentage uptick in value of 13.4%. Also worth taking note is the 50 day moving average now sits at $275.70 and the 200 day moving average is $275.04. The market capitalization for the company is 47.27B. The current share price for the company is: $269.02 USD
The potential market cap would be $53,606,664,201 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 24.46, revenue per share of $26.26 and a 7.72% 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.
