Public Storage has a consensus price target of $293.89, established from looking at the 52 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Raymond James, and Barclays on April 5, 2024, March 28, 2024, and March 27, 2024. With an average price target of $323.33 between Wells Fargo, Raymond James, and Barclays, there's an implied 25.45% upside for Public Storage from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/05/2024 | PSA | Buy Now | Public Storage | $257.73 | 20.28% | Wells Fargo | Eric Luebchow | $280 → $310 | Upgrade | Equal-Weight → Overweight | Get Alert |
03/28/2024 | PSA | Buy Now | Public Storage | $257.73 | 28.04% | Raymond James | Jonathan Hughes | → $330 | Upgrade | Market Perform → Strong Buy | Get Alert |
03/27/2024 | PSA | Buy Now | Public Storage | $257.73 | 28.04% | Barclays | Brendan Lynch | → $330 | Initiates | → Equal-Weight | Get Alert |
03/19/2024 | PSA | Buy Now | Public Storage | $257.73 | 28.04% | BMO Capital | Juan Sanabria | $325 → $330 | Maintains | Outperform | Get Alert |
03/18/2024 | PSA | Buy Now | Public Storage | $257.73 | 4.76% | Scotiabank | Nicholas Yulico | $267 → $270 | Maintains | Sector Perform | Get Alert |
03/07/2024 | PSA | Buy Now | Public Storage | $257.73 | 28.43% | Jefferies | Jonathan Petersen | $315 → $331 | Maintains | Buy | Get Alert |
02/13/2024 | PSA | Buy Now | Public Storage | $257.73 | 3.6% | Scotiabank | Nicholas Yulico | → $267 | Initiates | → Sector Perform | Get Alert |
01/30/2024 | PSA | Buy Now | Public Storage | $257.73 | -3% | Deutsche Bank | Omotayo Okusanya | → $250 | Initiates | → Sell | Get Alert |
01/11/2024 | PSA | Buy Now | Public Storage | $257.73 | 31.92% | Goldman Sachs | Andrew Rosivach | $307 → $340 | Maintains | Buy | Get Alert |
12/28/2023 | PSA | Buy Now | Public Storage | $257.73 | 22.22% | Truist Securities | Ki Bin Kim | $285 → $315 | Maintains | Buy | Get Alert |
12/12/2023 | PSA | Buy Now | Public Storage | $257.73 | 8.64% | Wells Fargo | Eric Luebchow | → $280 | Downgrade | Overweight → Equal-Weight | Get Alert |
11/27/2023 | PSA | Buy Now | Public Storage | $257.73 | 5.15% | Evercore ISI Group | Steve Sakwa | $268 → $271 | Maintains | In-Line | Get Alert |
10/31/2023 | PSA | Buy Now | Public Storage | $257.73 | 18.34% | Truist Securities | Ki Bin Kim | → $305 | Reiterates | Buy → Buy | Get Alert |
10/24/2023 | PSA | Buy Now | Public Storage | $257.73 | 4.76% | Wells Fargo | Eric Luebchow | → $270 | Initiates | → Overweight | Get Alert |
09/27/2023 | PSA | Buy Now | Public Storage | $257.73 | 20.28% | Goldman Sachs | Andrew Rosivach | → $310 | Reinstates | → Buy | Get Alert |
09/21/2023 | PSA | Buy Now | Public Storage | $257.73 | -3% | Morgan Stanley | Ronald Kamdem | → $250 | Reinstates | Equal-Weight → Equal-Weight | Get Alert |
09/13/2023 | PSA | Buy Now | Public Storage | $257.73 | 28.04% | Stifel | Steve Manaker | $360 → $330 | Maintains | Buy | Get Alert |
08/29/2023 | PSA | Buy Now | Public Storage | $257.73 | 18.34% | Truist Securities | Ki Bin Kim | $320 → $305 | Maintains | Buy | Get Alert |
06/13/2023 | PSA | Buy Now | Public Storage | $257.73 | 25.71% | JP Morgan | Michael Mueller | $338 → $324 | Maintains | Overweight | Get Alert |
The latest price target for Public Storage (NYSE: PSA) was reported by Wells Fargo on April 5, 2024. The analyst firm set a price target for $310.00 expecting PSA to rise to within 12 months (a possible 20.28% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Public Storage (NYSE: PSA) was provided by Wells Fargo, and Public Storage upgraded their overweight rating.
The last upgrade for Public Storage happened on April 5, 2024 when Wells Fargo raised their price target to $310. Wells Fargo previously had an equal-weight for Public Storage.
The last downgrade for Public Storage happened on December 12, 2023 when Wells Fargo changed their price target from N/A to $280 for Public Storage.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Public Storage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Public Storage was filed on April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.
While ratings are subjective and will change, the latest Public Storage (PSA) rating was a upgraded with a price target of $280.00 to $310.00. The current price Public Storage (PSA) is trading at is $257.73, which is out of the analyst’s predicted range.
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