In a report released yesterday, Ross L Smotrich from Barclays maintained a Hold rating on Public Storage (PSA), with a price target of $212. The company’s shares closed yesterday at $209.18.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.5% and a 63.0% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.
Public Storage has an analyst consensus of Moderate Sell, with a price target consensus of $193.25.
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Public Storage’s market cap is currently $36.41B and has a P/E ratio of 28.19. The company has a Price to Book ratio of 7.48.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2018, Lily Yan Hughes, the SVP, CLO & Corp Sec of PSA sold 15,000 shares for a total of $3,181,950.
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.
Public Storage is a Maryland real estate investment trust, which engages in acquiring, developing, owning, and operating self-storage facilities. It operates through following business segments: Self-storage Operations, Ancillary Operations, Investment in PS Business Parks, and Investment in Shurgard Europe.