BMO Capital analyst Juan C. Sanabria maintained a Buy rating on Life Storage (NYSE:LSI) Inc on Friday, setting a price target of $117, which is approximately 8.53% above the present share price of $107.8.
C. Sanabria expects Life Storage Inc to post earnings per share (EPS) of $0.63 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Life Storage, with an average price target of $111.5.
The analysts price targets range from a high of $122 to a low of $102.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $162.9 million and a net profit of $65.94 million. The company's market cap is $8.37 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.7% and a 61.19% success rate.
Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers (NYSE:ROG), Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.