Wells Fargo Believes Extra Space Storage (EXR) Won’t Stop Here


Wells Fargo analyst Todd Stender maintained a Buy rating on Extra Space Storage (NYSE: EXR) today. The company’s shares opened today at $96.71, close to its 52-week high of $99.56.

According to TipRanks.com, Stender is a 3-star analyst with an average return of 10.1% and a 66.7% success rate. Stender covers the Financial sector, focusing on stocks such as National Health Investors, Sabra Healthcare REIT, and Life Storage Inc.

Extra Space Storage has an analyst consensus of Moderate Buy, with a price target consensus of $94.

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The company has a one-year high of $99.56 and a one-year low of $73.70. Currently, Extra Space Storage has an average volume of 917.6K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. Last month, James Overturf, the EVP of EXR sold 4,100 shares for a total of $383,596.

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.

Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Storage Operations, Tenant Reinsurance. The Storage Operations segment includes rents The Tenant Reinsurance segment consists of reinsurance of risks relating to the loss of good stored by tenants in the firm’s stores.

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