Public Storage has a consensus price target of $292.32, established from looking at the 51 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Barclays, and BMO Capital on March 28, 2024, March 27, 2024, and March 19, 2024. With an average price target of $330 between Raymond James, Barclays, and BMO Capital, there's an implied 13.80% 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 |
---|---|---|---|---|---|---|---|---|---|---|---|
03/28/2024 | PSA | Buy Now | Public Storage | $289.99 | 13.8% | Raymond James | Jonathan Hughes | → $330 | Upgrade | Market Perform → Strong Buy | Get Alert |
03/27/2024 | PSA | Buy Now | Public Storage | $289.99 | 13.8% | Barclays | Brendan Lynch | → $330 | Initiates | → Equal-Weight | Get Alert |
03/19/2024 | PSA | Buy Now | Public Storage | $289.99 | 13.8% | BMO Capital | Juan Sanabria | $325 → $330 | Maintains | Outperform | Get Alert |
03/18/2024 | PSA | Buy Now | Public Storage | $289.99 | -6.89% | Scotiabank | Nicholas Yulico | $267 → $270 | Maintains | Sector Perform | Get Alert |
03/07/2024 | PSA | Buy Now | Public Storage | $289.99 | 14.14% | Jefferies | Jonathan Petersen | $315 → $331 | Maintains | Buy | Get Alert |
02/13/2024 | PSA | Buy Now | Public Storage | $289.99 | -7.93% | Scotiabank | Nicholas Yulico | → $267 | Initiates | → Sector Perform | Get Alert |
01/30/2024 | PSA | Buy Now | Public Storage | $289.99 | -13.79% | Deutsche Bank | Omotayo Okusanya | → $250 | Initiates | → Sell | Get Alert |
01/11/2024 | PSA | Buy Now | Public Storage | $289.99 | 17.25% | Goldman Sachs | Andrew Rosivach | $307 → $340 | Maintains | Buy | Get Alert |
12/28/2023 | PSA | Buy Now | Public Storage | $289.99 | 8.62% | Truist Securities | Ki Bin Kim | $285 → $315 | Maintains | Buy | Get Alert |
12/12/2023 | PSA | Buy Now | Public Storage | $289.99 | -3.44% | Wells Fargo | Eric Luebchow | → $280 | Downgrade | Overweight → Equal-Weight | Get Alert |
11/27/2023 | PSA | Buy Now | Public Storage | $289.99 | -6.55% | Evercore ISI Group | Steve Sakwa | $268 → $271 | Maintains | In-Line | Get Alert |
10/31/2023 | PSA | Buy Now | Public Storage | $289.99 | 5.18% | Truist Securities | Ki Bin Kim | → $305 | Reiterates | Buy → Buy | Get Alert |
10/24/2023 | PSA | Buy Now | Public Storage | $289.99 | -6.89% | Wells Fargo | Eric Luebchow | → $270 | Initiates | → Overweight | Get Alert |
09/27/2023 | PSA | Buy Now | Public Storage | $289.99 | 6.9% | Goldman Sachs | Andrew Rosivach | → $310 | Reinstates | → Buy | Get Alert |
09/21/2023 | PSA | Buy Now | Public Storage | $289.99 | -13.79% | Morgan Stanley | Ronald Kamdem | → $250 | Reinstates | Equal-Weight → Equal-Weight | Get Alert |
09/13/2023 | PSA | Buy Now | Public Storage | $289.99 | 13.8% | Stifel | Steve Manaker | $360 → $330 | Maintains | Buy | Get Alert |
08/29/2023 | PSA | Buy Now | Public Storage | $289.99 | 5.18% | Truist Securities | Ki Bin Kim | $320 → $305 | Maintains | Buy | Get Alert |
06/13/2023 | PSA | Buy Now | Public Storage | $289.99 | 11.73% | JP Morgan | Michael Mueller | $338 → $324 | Maintains | Overweight | Get Alert |
05/08/2023 | PSA | Buy Now | Public Storage | $289.99 | 25.87% | B of A Securities | Jeffrey Spector | → $365 | Reinstates | → Buy | Get Alert |
The latest price target for Public Storage (NYSE: PSA) was reported by Raymond James on March 28, 2024. The analyst firm set a price target for $330.00 expecting PSA to rise to within 12 months (a possible 13.80% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Public Storage (NYSE: PSA) was provided by Raymond James, and Public Storage upgraded their strong buy rating.
The last upgrade for Public Storage happened on March 28, 2024 when Raymond James raised their price target to $330. Raymond James previously had a market perform 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 March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
While ratings are subjective and will change, the latest Public Storage (PSA) rating was a upgraded with a price target of $0.00 to $330.00. The current price Public Storage (PSA) is trading at is $289.99, which is within the analyst’s predicted range.
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