Life Storage found using ticker (LSI) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 115 and 91 with the average target price sitting at 105.3. Given that the stocks previous close was at 97.08 this would indicate that there is a potential upside of 8.5%. The day 50 moving average is 95.37 and the 200 moving average now moves to 98.74. The market cap for the company is $4,603m. You can visit the company’s website by visiting: http://www.lifestorage.com
Life Storage is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities. Located in Buffalo, New York, the Company operates more than 850 storage facilities in 29 states and Ontario, Canada. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to approximately 450,000 customers, making it a leader in the industry.