Life Storage Inc Gets a Hold Rating from Merrill Lynch


In a report released today, Juan C. Sanabria from Merrill Lynch maintained a Hold rating on Life Storage Inc (NYSE: LSI), with a price target of $93. The company’s shares opened today at $91.24, close to its 52-week high of $91.96.

According to TipRanks.com, Sanabria is ranked 0 out of 5 stars with an average return of -8.5% and a 35.0% success rate. Sanabria covers the Financial sector, focusing on stocks such as Sabra Healthcare REIT, Essex Property Trust, and Extra Space Storage.

Currently, the analyst consensus on Life Storage Inc is Hold and the average price target is $81.29, representing a -10.9% downside.

In a report issued on May 2, BMO Capital also assigned a Hold rating to the stock with a $79 price target.

Find more picks by Best Performing Analysts >>

Life Storage Inc’s market cap is currently $4.24B and has a P/E ratio of 38.58. The company has a Price to Book ratio of 2.10.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self storage properties. It also offers truck rental, office and rental space, and vehicle storage. It operates under the trade name Uncle Bob’s Self Storage. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts