Public Storage – Consensus ‘buy’ rating and 18.8% Upside Potential

Broker Ratings
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Public Storage which can be found using ticker (PSA) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $348.00 and $250.00 calculating the mean target price we have $311.53. Now with the previous closing price of $262.22 this would imply there is now a potential upside of 18.8%. It’s also worth noting that there is a 50 day moving average of $279.42 and the 200 day moving average is $276.61. The market cap for the company is 46.19B. The stock price for Affirm Holdings, Inc. is $262.17 USD

The potential market cap would be $54,878,007,540 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 23.7, 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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