# Public Storage  Share Price Target ‘$317.93’, now .5% Upside Potential

- Link: https://www.directorstalkinterviews.com/public-storage-share-price-target-317.93-now.5-upside-potential/4121168715
- Published: 2024-08-15T12:39:29+01:00
- Author: Charlotte Edwards

**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.

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