Public Storage with ticker code (PSA) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $360.00 and $250.00 and has a mean share price target at $317.93. (at the time of writing). Now with the previous closing price of $316.45 this would imply there is now a potential upside of .5%. There is a 50 day moving average of $295.09 and the 200 day moving average is $281.39. The company has a market cap of 56.16B. Currently the stock stands at: $320.88 USD
The potential market cap would be $56,422,429,540 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 30.02, revenue per share of $26.54 and a 7.55% 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.
