SunTrust Robinson Sticks to Their Hold Rating for Life Storage Inc (LSI)


In a report issued on September 20, Ki Bin Kim from SunTrust Robinson reiterated a Hold rating on Life Storage Inc (NYSE: LSI), with a price target of $95. The company’s shares closed on Friday at $96.11.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 6.7% and a 69.2% success rate. Kim covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, General Growth Properties Inc, and First Industrial Realty Trust.

The word on The Street in general, suggests a Hold analyst consensus rating for Life Storage Inc with a $94.33 average price target.

See today’s analyst top recommended stocks >>

Based on Life Storage Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $39.27 million. In comparison, last year the company had a net profit of $19.36 million.

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 Life Storage.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts