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Analysts Offer Insights on Real Estate Companies: Public Storage (PSA) and Ventas (VTR)

Tipranks - Wed Apr 29, 7:56AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Public Storage (PSA) and Ventas (VTR) with bullish sentiments.

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Public Storage (PSA)

In a report released today, Michael Lewis from Truist Financial maintained a Buy rating on Public Storage. The company’s shares closed last Monday at $305.48.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 9.1% and a 62.3% success rate. Lewis covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Easterly Government Properties, and American Healthcare REIT, Inc. ;'>

Currently, the analyst consensus on Public Storage is a Moderate Buy with an average price target of $311.50, implying a 1.1% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $352.00 price target.

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Ventas (VTR)

Goldman Sachs analyst Julien Blouin maintained a Buy rating on Ventas yesterday and set a price target of $100.00. The company’s shares closed last Monday at $84.70.

According to TipRanks.com, Blouin is a 3-star analyst with an average return of 6.1% and a 72.4% success rate. Blouin covers the NA sector, focusing on stocks such as Colliers International Group, Alexandria Equities, and Cushman & Wakefield. ;'>

Ventas has an analyst consensus of Strong Buy, with a price target consensus of $92.33, a 10.9% upside from current levels. In a report issued on April 24, BMO Capital also reiterated a Buy rating on the stock with a $93.00 price target.

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