Are Analysts Bullish Public Storage (NYSE:PSA) After Last Week?

April 26, 2018 - By Stephen Andrade

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Public Storage (NYSE:PSA) Ratings Coverage

Among 10 analysts covering Public Storage (NYSE:PSA), 0 have Buy rating, 4 Sell and 6 Hold. Therefore 0 are positive. Public Storage had 15 analyst reports since November 15, 2017 according to SRatingsIntel. As per Thursday, March 15, the company rating was maintained by Wells Fargo. The rating was maintained by KeyBanc Capital Markets on Wednesday, November 15 with “Sell”. Robert W. Baird maintained Public Storage (NYSE:PSA) rating on Thursday, March 8. Robert W. Baird has “Sell” rating and $190.0 target. Evercore upgraded Public Storage (NYSE:PSA) on Monday, March 5 to “In-Line” rating. The stock of Public Storage (NYSE:PSA) earned “Hold” rating by Jefferies on Monday, November 27. The firm earned “Sell” rating on Wednesday, December 13 by Morgan Stanley. The rating was maintained by BMO Capital Markets with “Sell” on Tuesday, January 9. The firm has “Underweight” rating given on Thursday, March 15 by KeyBanc Capital Markets. The firm has “Hold” rating by FBR Capital given on Wednesday, February 21. Bank of America downgraded the stock to “Underperform” rating in Monday, December 4 report. Below is a list of Public Storage (NYSE:PSA) latest ratings and price target changes.

15/03/2018 Broker: Wells Fargo Rating: Hold New Target: $210.0 Maintain
15/03/2018 Broker: KeyBanc Capital Markets Old Rating: Underweight New Rating: Underweight Old Target: $184 New Target: $179 Maintain
08/03/2018 Broker: Robert W. Baird Rating: Sell New Target: $190.0 Maintain
05/03/2018 Broker: Jefferies Rating: Hold New Target: $199.0 Maintain
05/03/2018 Broker: Evercore Old Rating: Underperform New Rating: In-Line Upgrade
01/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $220 New Target: $200 Maintain
27/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Upgrade
21/02/2018 Broker: FBR Capital Rating: Hold New Target: $190.0 Maintain
09/01/2018 Broker: BMO Capital Markets Rating: Sell New Target: $185.0 Maintain
13/12/2017 Broker: Morgan Stanley Rating: Sell New Target: $199.0 Downgrade

The stock increased 4.19% or $8.11 during the last trading session, reaching $201.82. About 695,646 shares traded. Public Storage (NYSE:PSA) has declined 10.33% since April 26, 2017 and is downtrending. It has underperformed by 21.88% the S&P500.

Public Storage is an equity real estate investment trust. The company has market cap of $35.18 billion. It invests in real estate markets of United States and Europe. It has a 29.99 P/E ratio. The firm acquires, develops, owns, and operates self-storage facilities which offer storage spaces for lease on a month-to-month basis, for personal and business use.

Public Storage (NYSE:PSA) Institutional Positions Chart

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