Raymond James analyst Raymond James maintained a Buy rating on Life Storage (NYSE:LSI) Inc on Tuesday, setting a price target of $135, which is approximately 12.79% above the present share price of $119.69.
expects Life Storage Inc to post earnings per share (EPS) of $0.75 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 $120.63.
The analysts price targets range from a high of $135 to a low of $102.
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 $9.37 billion.
According to TipRanks.com, Raymond James analyst Raymond James is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.9% and a 59.85% 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.