Public Storage found using ticker (PSA) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 482 and 298 and has a mean target at 381.83. With the stocks previous close at 298.91 this would indicate that there is a potential upside of 27.7%. The 50 day MA is 331.07 and the 200 day MA is 347.38. The company has a market cap of $51,941m. Visit the company website at: https://www.publicstorage.com
The potential market cap would be $66,350m 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.
