Public Storage found using ticker (PSA) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 433 and 333 calculating the mean target price we have 380.71. Now with the previous closing price of 348.18 this now indicates there is a potential upside of 9.3%. The 50 day moving average now sits at 351.59 and the 200 day MA is 316.28. The company has a market capitalisation of $60,718m. Find out more information at: https://www.publicstorage.com
The potential market cap would be $66,391m 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.
