Public Storage with ticker code (PSA) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 482 and 357 calculating the average target price we see 401.07. Given that the stocks previous close was at 390.28 this would indicate that there is a potential upside of 2.8%. The 50 day MA is 363.97 and the 200 day MA is 335.39. The market cap for the company is $69,531m. You can visit the company’s website by visiting: https://www.publicstorage.com
The potential market cap would be $71,453m 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 ÂShurgard 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.
