Breaking Finance News

Zacks Investment Research disclosed Extra Space Storage, Inc. (NYSE:EXR), boosting its price target to $79.00 earlier today

Stating a potential upside of 0.12%, Zacks Investment Research raised the target price of Extra Space Storage, Inc. (NYSE:EXR) to $79.00

Just yesterday Extra Space Storage, Inc. (NYSE:EXR) traded -0.97% lower at $70.85. Extra Space Storage, Inc.’s 50-day moving average is $73.25 and its 200-day moving average is $82.62. The last stock price is down -15.08% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,059,074 shares of EXR traded hands, up from an average trading volume of 981,580

Recent Performance Chart

Extra Space Storage, Inc. (NYSE:EXR)

Extra Space Storage, Inc. has 52 week low of $68.09 and a 52 week high of $94.81 with a PE ratio of 30.29 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is $97.10 with 5 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Extra Space Storage, Inc. (NYSE:EXR)

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. The Company owns, operates, manages, acquires, develops and redevelops self-storage properties (stores). The Company has interests in approximately 1000 operating stores. Of these stores, the Company owns approximately 270 stores in joint venture partnerships. An additional approximately 350 operating stores are owned by third parties and operated by the Company. The Company's operating stores are located in over 30 states of the United States, Washington D.C. and Puerto Rico, and contains approximately 100 million square feet of net rentable space in approximately 896,000 units. The Company's businesses are conducted through Extra Space Storage LP. The Company's rental operations activities include rental operations of stores.

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