Evercore ISI analyst Steve Sakwa reiterated a Buy rating on Life Storage (NYSE:LSI) Inc on Friday, setting a price target of $144, which is approximately 12.47% above the present share price of $128.03.
Sakwa expects Life Storage Inc to post earnings per share (EPS) of $0.75 for the fourth 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 $135.29.
The analysts price targets range from a high of $144 to a low of $123.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $163.1 million and a net profit of $77.1 million. The company's market cap is $10.5 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 62.91% 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.