Press coverage about Life Storage (NYSE:LSI) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Life Storage earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.519847093468 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of brokerages have recently commented on LSI. B. Riley set a $70.00 price objective on Life Storage and gave the stock a “sell” rating in a research report on Monday, December 4th. Wells Fargo & Company set a $91.00 price target on Life Storage and gave the company a “hold” rating in a report on Thursday, November 30th. SunTrust Banks reaffirmed a “hold” rating and issued a $80.00 price target on shares of Life Storage in a report on Friday, November 24th. KeyCorp reaffirmed a “hold” rating on shares of Life Storage in a report on Sunday, November 19th. Finally, Jefferies Group set a $86.00 price target on Life Storage and gave the company a “hold” rating in a report on Tuesday, November 28th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $81.07.
Shares of Life Storage (LSI) traded up $0.94 during midday trading on Monday, reaching $91.12. The company’s stock had a trading volume of 570,903 shares, compared to its average volume of 487,754. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.19 and a current ratio of 0.19. Life Storage has a one year low of $69.00 and a one year high of $91.36. The stock has a market capitalization of $4,200.00, a PE ratio of 17.05, a P/E/G ratio of 3.79 and a beta of 0.64.
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About Life Storage
Life Storage, Inc, formerly Sovran Self Storage, Inc, is a self-administered and self-managed real estate company. The Company acquires, owns and manages self-storage properties. The Company owns its assets and conducts its operations through Life Storage LP (the Operating Partnership) and subsidiaries of the Operating Partnership.
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