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 298 calculating the average target price we see 371.25. With the stocks previous close at 351.7 this indicates there is a potential upside of 5.6%. There is a 50 day moving average of 319.13 and the 200 day moving average is 347.21. The company has a market capitalisation of $62,550m. You can visit the company’s website by visiting: https://www.publicstorage.com
The potential market cap would be $66,027m 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.
