Equities research analysts at StockNews.com started coverage on shares of Life Storage (NYSE:LSI – Get Rating) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.
Several other equities analysts have also commented on the stock. Stifel Nicolaus increased their price objective on shares of Life Storage from $140.00 to $145.00 in a research report on Friday, May 12th. Wolfe Research lowered shares of Life Storage from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 12th. Truist Financial raised their price target on shares of Life Storage from $115.00 to $120.00 and gave the stock a “hold” rating in a research report on Wednesday, March 8th. Raymond James raised their price target on shares of Life Storage from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 4th. Finally, KeyCorp raised their price target on shares of Life Storage from $136.00 to $154.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 5th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Life Storage has an average rating of “Hold” and an average target price of $128.89.
Life Storage Stock Performance
Shares of Life Storage stock opened at $130.65 on Friday. The firm has a market capitalization of $11.12 billion, a P/E ratio of 30.31 and a beta of 0.65. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average price of $132.50 and a 200 day moving average price of $117.03. Life Storage has a 52 week low of $94.02 and a 52 week high of $146.66.
Hedge Funds Weigh In On Life Storage
About Life Storage
Life Storage, Inc is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.
- Get a free copy of the StockNews.com research report on Life Storage (LSI)
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