New Sell Rating Was Given to Life Storage Inc (NYSE:LSI)

September 17, 2017 - By Peter Erickson

 New Sell Rating Was Given to Life Storage Inc (NYSE:LSI)

Why Has BMO Capital Given Life Storage Inc (NYSE:LSI) a $73.0 Price Target

BMO Capital disclosed in a research note that it has started coverage on Life Storage Inc (NYSE:LSI) stock, with Sell rating and a $73.0 PT.

Life Storage Inc (NYSE:LSI) Ratings Coverage

Among 11 analysts covering LSI Corporation (NYSE:LSI), 1 have Buy rating, 3 Sell and 7 Hold. Therefore 9% are positive. LSI Corporation has $105 highest and $70.0 lowest target. $79’s average target is -1.99% below currents $80.6 stock price. LSI Corporation had 19 analyst reports since September 9, 2016 according to SRatingsIntel. The rating was downgraded by SunTrust on Friday, January 20 to “Hold”. Jefferies maintained Life Storage Inc (NYSE:LSI) on Thursday, August 17 with “Hold” rating. As per Tuesday, September 12, the company rating was downgraded by FBR Capital. The stock of Life Storage Inc (NYSE:LSI) has “Hold” rating given on Monday, September 11 by KeyBanc Capital Markets. The firm has “Hold” rating by Jefferies given on Monday, June 12. The stock of Life Storage Inc (NYSE:LSI) earned “Neutral” rating by Cantor Fitzgerald on Friday, May 5. Robert W. Baird downgraded Life Storage Inc (NYSE:LSI) on Thursday, January 5 to “Neutral” rating. The firm has “Buy” rating given on Friday, September 9 by Citigroup. As per Friday, January 20, the company rating was downgraded by Suntrust Robinson. The firm earned “Mkt Perform” rating on Thursday, November 3 by FBR Capital.

The stock increased 0.55% or $0.44 on September 15, reaching $80.6. About 671,044 shares traded or 3.66% up from the average. Life Storage Inc (NYSE:LSI) has declined 27.61% since September 17, 2016 and is downtrending. It has underperformed by 44.31% the S&P500.

Investors wait (:) to report on November, 1. its quarterly earnings Wall Street analysts expect $1.35 earnings per share, up $0.01 or 0.75 % from last year’s $1.34 same quarter earnings. ‘s Wall Street analysts see 1.50 % EPS growth, taking into account the $1.33 EPS reproted in the previous quarter,

Life Storage, Inc., formerly Sovran Self Storage, Inc., is a self-administered and self-managed real estate company. The company has market cap of $3.75 billion. The Firm acquires, owns and manages self-storage properties. It has a 70.46 P/E ratio. The Firm owns its assets and conducts its activities through Life Storage LP and subsidiaries of the Operating Partnership.

More important recent Life Storage Inc (NYSE:LSI) news were published by: Businesswire.com which released: “Life Storage, Inc. Provides Hurricane Harvey Update” on September 01, 2017, also Businesswire.com published article titled: “Life Storage, Inc. to Present at Bank of America Merrill Lynch 2017 Global …”, Nasdaq.com published: “Life Storage Reaches Analyst Target Price” on September 06, 2017. More interesting news about Life Storage Inc (NYSE:LSI) was released by: Barrons.com and their article: “Life Storage Set to Top Extra Space” with publication date: September 12, 2017.

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