Public Storage found using ticker (PSA) now have 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 482 and 357 with a mean TP of 413.33. Now with the previous closing price of 349.27 this would imply there is a potential upside of 18.3%. The day 50 moving average is 381.47 and the 200 day MA is 345.62. The company has a market capitalisation of $59,296m. Visit the company website at: https://www.publicstorage.com
The potential market cap would be $70,172m based on the market concensus.
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.
