KeyBanc Reaffirms Their Hold Rating on Public Storage (PSA)
KeyBanc analyst reiterated a Hold rating on Public Storage yesterday. The company’s shares closed yesterday at $265.45.
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Public Storage has an analyst consensus of Moderate Buy, with a price target consensus of $323.00, which is a 21.68% upside from current levels. In a report released on November 18, UBS also maintained a Hold rating on the stock with a $293.00 price target.
Based on Public Storage’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.22 billion and a net profit of $511.06 million. In comparison, last year the company earned a revenue of $1.19 billion and had a net profit of $430.33 million
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