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Public Storage - PSA Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $342.07
  • Forecasted Upside: 14.98%
  • Number of Analysts: 15
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 6 Buy Ratings
  • 2 Strong Buy Ratings
$297.50 As of 12/20/2024 06:16 PM ET
▲ +8.17 (2.82%)

This chart shows the closing price for PSA by one month, three months, or twelve months.

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Analyst Price Target for PSA

Analyst Price Target is $342.07
▲ +14.98% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Public Storage in the last 3 months. The average price target is $342.07, with a high forecast of $422.00 and a low forecast of $250.00. The average price target represents a 14.98% upside from the last price of $297.50.

This chart shows the closing price for PSA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 15 contributing investment analysts is to moderate buy stock in Public Storage. This rating has held steady since March 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 1 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
6/24/2024
  • 2 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 2 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
11/21/2024
  • 2 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 2 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/5/2024Truist FinancialBoost TargetHold ➝ Hold$306.00 ➝ $340.00
11/12/2024BarclaysLower TargetOverweight ➝ Overweight$381.00 ➝ $380.00
11/8/2024Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$358.00 ➝ $344.00
11/5/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$375.00 ➝ $365.00
10/28/2024BarclaysBoost TargetOverweight ➝ Overweight$374.00 ➝ $381.00
10/21/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$320.00 ➝ $375.00
10/14/2024Evercore ISILower TargetIn-Line ➝ In-Line$343.00 ➝ $338.00
10/2/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$293.00 ➝ $315.00
9/18/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$360.00 ➝ $422.00
9/16/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$334.00 ➝ $343.00
9/10/2024Royal Bank of CanadaInitiated CoverageSector Perform$358.00
9/4/2024Wolfe ResearchUpgradeStrong-Buy
8/30/2024CitigroupBoost TargetBuy ➝ Buy$303.00 ➝ $378.00
8/28/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$330.00 ➝ $334.00
8/22/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$308.00 ➝ $339.00
8/22/2024BarclaysBoost TargetOverweight ➝ Overweight$327.00 ➝ $374.00
8/7/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$314.00 ➝ $308.00
8/5/2024Bank of AmericaDowngradeBuy ➝ Neutral$318.00 ➝ $318.00
8/1/2024Truist FinancialDowngradeBuy ➝ Hold$306.00 ➝ $306.00
7/26/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$310.00 ➝ $320.00
7/19/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$289.00 ➝ $314.00
7/15/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$289.00 ➝ $300.00
5/20/2024BarclaysLower TargetOverweight ➝ Overweight$330.00 ➝ $327.00
4/5/2024Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$280.00 ➝ $310.00
3/28/2024Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$330.00
3/27/2024BarclaysInitiated CoverageOverweight$330.00
3/19/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$325.00 ➝ $330.00
3/18/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$267.00 ➝ $270.00
2/13/2024ScotiabankInitiated CoverageSector Perform$267.00
1/30/2024Deutsche Bank AktiengesellschaftInitiated CoverageSell$250.00
1/11/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$307.00 ➝ $340.00
12/28/2023Truist FinancialBoost TargetBuy ➝ Buy$285.00 ➝ $315.00
12/12/2023Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$270.00 ➝ $280.00
11/27/2023Evercore ISIBoost TargetIn-Line ➝ In-Line$268.00 ➝ $271.00
10/31/2023Truist FinancialReiterated RatingBuy ➝ Buy$305.00
10/24/2023Wells Fargo & CompanyInitiated CoverageOverweight$270.00
9/27/2023The Goldman Sachs GroupInitiated CoverageBuy$310.00
9/21/2023Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$250.00
9/13/2023Stifel NicolausLower TargetBuy ➝ Buy$360.00 ➝ $340.00
8/29/2023Truist FinancialLower TargetBuy ➝ Buy$320.00 ➝ $305.00
6/15/2023Truist FinancialLower Target$335.00 ➝ $320.00
6/13/2023JPMorgan Chase & Co.Lower Target$338.00 ➝ $324.00
5/8/2023Bank of AmericaInitiated CoverageBuy
1/9/2023Raymond JamesDowngradeOutperform ➝ Market Perform
10/13/2022Morgan StanleyLower TargetEqual Weight$298.00 ➝ $290.00
9/19/2022Evercore ISILower TargetIn-Line$333.00 ➝ $327.00
8/16/2022Raymond JamesDowngradeStrong-Buy ➝ Outperform$365.00 ➝ $380.00
7/28/2022CitigroupReiterated RatingBuy$367.00
7/25/2022UBS GroupLower TargetNeutral$390.00 ➝ $336.00
6/30/2022Jefferies Financial GroupLower TargetBuy$465.00 ➝ $369.00
6/21/2022Stifel NicolausLower Target$410.00 ➝ $360.00
6/20/2022Evercore ISISet Target$348.00
6/1/2022Truist FinancialLower TargetBuy$425.00 ➝ $385.00
5/25/2022Morgan StanleyLower TargetEqual Weight$357.00 ➝ $298.00
5/23/2022Raymond JamesLower Target$375.00 ➝ $365.00
5/19/2022BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$410.00 ➝ $370.00
4/14/2022The Goldman Sachs GroupBoost TargetNeutral$398.00 ➝ $440.00
4/4/2022JPMorgan Chase & Co.Boost TargetOverweight$385.00 ➝ $434.00
3/1/2022Morgan StanleyBoost TargetEqual Weight$333.00 ➝ $357.00
1/18/2022Truist FinancialBoost Target$353.00 ➝ $380.00
1/10/2022Jefferies Financial GroupUpgradeHold ➝ Buy$366.00 ➝ $433.00
12/20/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$359.00 ➝ $385.00
12/14/2021CitigroupUpgradeNeutral ➝ Buy$353.00 ➝ $400.00
12/2/2021Truist FinancialBoost TargetBuy$325.00 ➝ $353.00
12/2/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$350.00 ➝ $375.00
11/29/2021Morgan StanleyBoost TargetEqual Weight$322.00 ➝ $333.00
11/18/2021CitigroupBoost TargetNeutral$325.00 ➝ $353.00
10/22/2021Evercore ISIReiterated RatingHold$346.00
10/18/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform
10/13/2021Morgan StanleyBoost TargetEqual Weight$311.00 ➝ $322.00
10/7/2021Berenberg BankInitiated CoverageHold$321.00
8/16/2021Truist FinancialBoost TargetBuy$315.00 ➝ $322.00
8/16/2021Morgan StanleyBoost TargetEqual Weight$287.00 ➝ $311.00
8/10/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$350.00
7/20/2021Morgan StanleyBoost TargetEqual Weight$266.00 ➝ $287.00
7/2/2021Jefferies Financial GroupReiterated RatingHold ➝ Neutral
7/1/2021CitigroupBoost TargetNeutral$296.00 ➝ $325.00
6/30/2021JPMorgan Chase & Co.Boost TargetNeutral$280.00 ➝ $310.00
6/24/2021UBS GroupInitiated CoverageNeutral$310.00
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$335.00
6/2/2021Wells Fargo & CompanyBoost TargetUnderweight$200.00 ➝ $228.00
5/26/2021Morgan StanleyBoost TargetEqual Weight$231.00 ➝ $266.00
5/17/2021Truist FinancialBoost TargetBuy$269.00 ➝ $290.00
5/3/2021BMO Capital MarketsBoost TargetMarket Perform$285.00 ➝ $300.00
4/14/2021Truist FinancialBoost Target$262.00 ➝ $269.00
4/13/2021Truist FinancialBoost Target$262.00 ➝ $269.00
3/12/2021Morgan StanleyBoost TargetEqual Weight$221.00 ➝ $231.00
3/5/2021Truist FinancialBoost Target$245.00 ➝ $262.00
2/4/2021Raymond JamesUpgradeUnderperform ➝ Market Perform
1/28/2021BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$220.00 ➝ $240.00
1/22/2021Truist FinancialUpgradeHold ➝ Buy$233.00 ➝ $245.00
1/22/2021Morgan StanleyInitiated CoverageEqual Weight$221.00
12/31/2020Truist FinancialBoost Target$205.00 ➝ $233.00
12/9/2020Morgan StanleyBoost TargetPositive ➝ Equal Weight$203.00 ➝ $221.00
10/6/2020Raymond JamesDowngradeMarket Perform ➝ Underperform
9/21/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$203.00
8/6/2020Stifel NicolausBoost TargetBuy$218.00 ➝ $220.00
7/21/2020BMO Capital MarketsInitiated CoverageSell$175.00
7/8/2020Morgan StanleyBoost TargetUnderweight$159.00 ➝ $177.00
6/26/2020The Goldman Sachs GroupInitiated CoverageNeutral$213.00
6/19/2020Wells Fargo & CompanyLower TargetUnderweight$201.00 ➝ $200.00
6/19/2020ArgusDowngradeBuy ➝ Hold
6/18/2020Wells Fargo & CompanyReiterated RatingSell
5/11/2020SunTrust BanksLower TargetHold$205.00 ➝ $195.00
5/1/2020BMO Capital MarketsLower TargetUnderperform$205.00 ➝ $175.00
5/1/2020Stifel NicolausBoost TargetBuy$183.00 ➝ $210.00
4/28/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$159.00
4/17/2020SunTrust BanksLower TargetHold$225.00 ➝ $205.00
4/7/2020CitigroupLower TargetNeutral$215.00 ➝ $210.00
4/2/2020Wells Fargo & CompanyLower TargetUnderweight$202.00 ➝ $201.00
4/1/2020Wells Fargo & CompanyReiterated RatingSell
3/26/2020Morgan StanleyInitiated CoverageEqual Weight$148.00
3/24/2020Stifel NicolausLower TargetBuy$255.00 ➝ $183.00
3/24/2020Bank of AmericaUpgradeNeutral ➝ Buy$254.00 ➝ $267.00
3/6/2020SunTrust BanksBoost TargetHold$220.00 ➝ $225.00
2/28/2020CfraLower TargetHold ➝ Sell$245.00 ➝ $200.00
2/26/2020Stifel NicolausLower TargetBuy$266.00 ➝ $255.00
2/16/2020BMO Capital MarketsReiterated RatingSell$205.00
(Data available from 12/22/2019 forward)

News Sentiment Rating

1.43 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 38 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 26 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 27 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 28 very positive mentions
  • 28 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 32 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 25 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 39 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 72 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 72 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Public Storage logo
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At December 31, 2023, we had: (i) interests in 3,044 self-storage facilities located in 40 states with approximately 218 million net rentable square feet in the United States and (ii) a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 275 self-storage facilities located in seven Western European nations with approximately 15 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Read More

Today's Range

Now: $297.50
Low: $290.63
High: $302.95

50 Day Range

MA: $333.10
Low: $289.33
High: $351.36

52 Week Range

Now: $297.50
Low: $256.31
High: $369.99

Volume

2,224,868 shs

Average Volume

723,846 shs

Market Capitalization

$52.09 billion

P/E Ratio

30.89

Dividend Yield

3.81%

Beta

0.71

Frequently Asked Questions

What sell-side analysts currently cover shares of Public Storage?

The following equities research analysts have issued stock ratings on Public Storage in the last year: Bank of America Co., Barclays PLC, BMO Capital Markets, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., Morgan Stanley, Raymond James, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Inc., Truist Financial Co., Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for PSA.

What is the current price target for Public Storage?

0 Wall Street analysts have set twelve-month price targets for Public Storage in the last year. Their average twelve-month price target is $342.07, suggesting a possible upside of 15.0%. Jefferies Financial Group Inc. has the highest price target set, predicting PSA will reach $422.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $250.00 for Public Storage in the next year.
View the latest price targets for PSA.

What is the current consensus analyst rating for Public Storage?

Public Storage currently has 1 sell rating, 6 hold ratings, 6 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for PSA.

What other companies compete with Public Storage?

Other companies that are similar to Public Storage include American Tower, Welltower, Extra Space Storage, Ventas and Weyerhaeuser. Learn More about companies similar to Public Storage.

How do I contact Public Storage's investor relations team?

Public Storage's physical mailing address is 701 WESTERN AVENUE, GLENDALE CA, 91201. The real estate investment trust's listed phone number is (818) 244-8080 and its investor relations email address is [email protected]. The official website for Public Storage is www.publicstorage.com. Learn More about contacing Public Storage investor relations.