Public Storage which can be found using ticker (PSA) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $348.00 and $250.00 calculating the mean target share price we have $307.31. (at the time of writing). Given that the stocks previous close was at $280.64 this now indicates there is a potential upside of 9.5%. The 50 day MA is $286.86 and the 200 day moving average is $278.20. The total market capitalization for the company now stands at 48.81B. The current share price for the company is: $277.04 USD
The potential market cap would be $53,446,747,448 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.07, revenue per share of $25.91 and a 7.8% return on assets.
Public Storage is a real estate investment trust (REIT). The Company’s principal business activities include the ownership and operation of self-storage facilities and other related operations, including tenant reinsurance and third-party self-storage management. The Company’s segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. It holds interests in and consolidated approximately 2,869 self-storage facilities (an aggregate of about 204 million net rentable square feet of space). Its subsidiaries include PS LPT Properties Investors and PS California Holdings, Inc.
