Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Buy rating on Extra Space Storage (NYSE:EXR) on Monday, setting a price target of $229, which is approximately 14.50% above the present share price of $200.
Petersen expects Extra Space Storage to post earnings per share (EPS) of $1.41 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Extra Space Storage, with an average price target of $214.2.
The analysts price targets range from a high of $237 to a low of $175.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $412.49 million and a net profit of $226.28 million. The company's market cap is $26.78 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.7% and a 75.36% success rate.
Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-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. The company was founded by Kenneth Musser Woolley on April 30, 2004 and is headquartered in Salt Lake City, UT.