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Public Storage - PSA Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $368.91
  • Forecasted Upside: 22.10%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$302.14 As of 03/31/2023 01:00 AM ET
▲ +7.5 (2.55%)

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 $368.91
▲ +22.10% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Public Storage in the last 3 months. The average price target is $368.91, with a high forecast of $440.00 and a low forecast of $290.00. The average price target represents a 22.10% upside from the last price of $302.14.

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 Buy

The current consensus among 10 contributing investment analysts is to buy stock in Public Storage. This rating has held steady since May 2022, 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
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
10/8/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
1/6/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
4/6/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
10/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/1/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/2/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
4/1/2023

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/9/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
10/13/2022Morgan StanleyLower TargetEqual Weight$298.00 ➝ $290.00Low
9/19/2022Evercore ISILower TargetIn-Line$333.00 ➝ $327.00Low
8/16/2022Raymond JamesDowngradeStrong-Buy ➝ Outperform$365.00 ➝ $380.00Low
7/28/2022CitigroupReiterated RatingBuy$367.00Low
7/25/2022UBS GroupLower TargetNeutral$390.00 ➝ $336.00Low
6/30/2022Jefferies Financial GroupLower TargetBuy$465.00 ➝ $369.00Low
6/21/2022Stifel NicolausLower Target$410.00 ➝ $360.00Low
6/20/2022Evercore ISISet Target$348.00Low
6/1/2022Truist FinancialLower TargetBuy$425.00 ➝ $385.00Low
5/25/2022Morgan StanleyLower TargetEqual Weight$357.00 ➝ $298.00Low
5/23/2022Raymond JamesLower Target$375.00 ➝ $365.00High
5/19/2022BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$410.00 ➝ $370.00Medium
4/14/2022The Goldman Sachs GroupBoost TargetNeutral$398.00 ➝ $440.00Medium
4/4/2022JPMorgan Chase & Co.Boost TargetOverweight$385.00 ➝ $434.00Medium
3/1/2022Morgan StanleyBoost TargetEqual Weight$333.00 ➝ $357.00Low
1/18/2022Truist FinancialBoost Target$353.00 ➝ $380.00Medium
1/10/2022Jefferies Financial GroupUpgradeHold ➝ Buy$366.00 ➝ $433.00Low
12/20/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$359.00 ➝ $385.00Low
12/14/2021CitigroupUpgradeNeutral ➝ Buy$353.00 ➝ $400.00Medium
12/2/2021Truist FinancialBoost TargetBuy$325.00 ➝ $353.00Low
12/2/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$350.00 ➝ $375.00High
11/29/2021Morgan StanleyBoost TargetEqual Weight$322.00 ➝ $333.00Medium
11/18/2021CitigroupBoost TargetNeutral$325.00 ➝ $353.00High
10/22/2021Evercore ISIReiterated RatingHold$346.00Medium
10/18/2021Wolfe ResearchUpgradePeer Perform ➝ OutperformMedium
10/13/2021Morgan StanleyBoost TargetEqual Weight$311.00 ➝ $322.00Medium
10/7/2021Berenberg BankInitiated CoverageHold$321.00Low
8/16/2021Truist FinancialBoost TargetBuy$315.00 ➝ $322.00Low
8/16/2021Morgan StanleyBoost TargetEqual Weight$287.00 ➝ $311.00Medium
8/10/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$350.00Low
7/20/2021Morgan StanleyBoost TargetEqual Weight$266.00 ➝ $287.00Medium
7/2/2021Jefferies Financial GroupReiterated RatingHold ➝ NeutralHigh
7/1/2021CitigroupBoost TargetNeutral$296.00 ➝ $325.00High
6/30/2021JPMorgan Chase & Co.Boost TargetNeutral$280.00 ➝ $310.00High
6/24/2021UBS GroupInitiated CoverageNeutral$310.00Low
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$335.00Low
6/2/2021Wells Fargo & CompanyBoost TargetUnderweight$200.00 ➝ $228.00Medium
5/26/2021Morgan StanleyBoost TargetEqual Weight$231.00 ➝ $266.00Low
5/17/2021Truist FinancialBoost TargetBuy$269.00 ➝ $290.00Low
5/3/2021BMO Capital MarketsBoost TargetMarket Perform$285.00 ➝ $300.00Low
4/14/2021Truist FinancialBoost Target$262.00 ➝ $269.00Medium
4/13/2021Truist FinancialBoost Target$262.00 ➝ $269.00Low
3/12/2021Morgan StanleyBoost TargetEqual Weight$221.00 ➝ $231.00High
3/5/2021Truist FinancialBoost Target$245.00 ➝ $262.00Low
2/4/2021Raymond JamesUpgradeUnderperform ➝ Market PerformLow
1/28/2021BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$220.00 ➝ $240.00Medium
1/22/2021Truist FinancialUpgradeHold ➝ Buy$233.00 ➝ $245.00Medium
1/22/2021Morgan StanleyInitiated CoverageEqual Weight$221.00Medium
12/31/2020Truist FinancialBoost Target$205.00 ➝ $233.00N/A
12/9/2020Morgan StanleyBoost TargetPositive ➝ Equal Weight$203.00 ➝ $221.00Medium
10/6/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformMedium
9/21/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$203.00High
8/6/2020Stifel NicolausBoost TargetBuy$218.00 ➝ $220.00High
7/21/2020BMO Capital MarketsInitiated CoverageSell$175.00Low
7/8/2020Morgan StanleyBoost TargetUnderweight$159.00 ➝ $177.00Low
6/26/2020The Goldman Sachs GroupInitiated CoverageNeutral$213.00Low
6/19/2020Wells Fargo & CompanyLower TargetUnderweight$201.00 ➝ $200.00High
6/19/2020ArgusDowngradeBuy ➝ HoldHigh
6/18/2020Wells Fargo & CompanyReiterated RatingSellHigh
5/11/2020SunTrust BanksLower TargetHold$205.00 ➝ $195.00Medium
5/1/2020BMO Capital MarketsLower TargetUnderperform$205.00 ➝ $175.00Medium
5/1/2020Stifel NicolausBoost TargetBuy$183.00 ➝ $210.00Low
4/28/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$159.00Medium
4/17/2020SunTrust BanksLower TargetHold$225.00 ➝ $205.00Low
4/7/2020CitigroupLower TargetNeutral$215.00 ➝ $210.00High
4/2/2020Wells Fargo & CompanyLower TargetUnderweight$202.00 ➝ $201.00Medium
4/1/2020Wells Fargo & CompanyReiterated RatingSellMedium
3/26/2020Morgan StanleyInitiated CoverageEqual Weight$148.00High
3/24/2020Stifel NicolausLower TargetBuy$255.00 ➝ $183.00Medium
3/24/2020Bank of AmericaUpgradeNeutral ➝ Buy$254.00 ➝ $267.00High
3/6/2020SunTrust BanksBoost TargetHold$220.00 ➝ $225.00Medium
2/28/2020CfraLower TargetHold ➝ Sell$245.00 ➝ $200.00High
2/26/2020Stifel NicolausLower TargetBuy$266.00 ➝ $255.00Low
2/16/2020BMO Capital MarketsReiterated RatingSell$205.00Low
12/17/2019Morgan StanleyLower TargetEqual Weight$240.00 ➝ $200.00Low
12/10/2019Wells Fargo & CompanyDowngradeMarket Perform ➝ Underperform$230.00 ➝ $202.00Low
12/2/2019ArgusLower TargetBuy$290.00 ➝ $260.00Low
11/19/2019Bank of AmericaDowngradeBuy ➝ Neutral$228.00Low
10/11/2019BarclaysSet TargetSell$256.00Low
10/1/2019Evercore ISIDowngradeIn-Line ➝ Underperform$246.00 ➝ $228.00High
9/16/2019Morgan StanleyUpgradeUnderweight ➝ Equal Weight$193.00 ➝ $240.00High
9/11/2019CitigroupBoost TargetNeutral$223.00 ➝ $250.00Low
8/28/2019ArgusBoost TargetBuy ➝ Positive$290.00Low
8/27/2019SunTrust BanksBoost TargetHold$215.00 ➝ $233.00Low
8/21/2019Robert W. BairdUpgradeUnderperform ➝ Neutral$200.00 ➝ $254.00Low
8/19/2019Stifel NicolausInitiated CoverageBuy$285.00Low
7/19/2019Bank of AmericaUpgradeNeutral ➝ BuyMedium
6/11/2019KeyCorpUpgradeUnderweight ➝ Sector Weight$243.72Low
4/16/2019BarclaysReiterated RatingSell$218.00Medium
4/9/2019ArgusBoost TargetBuy$240.00Low
4/9/2019Jefferies Financial GroupUpgradeUnderperform ➝ Hold$181.00 ➝ $201.00Low
3/26/2019BarclaysDowngradeEqual Weight ➝ Underweight$215.00 ➝ $211.00Medium
3/7/2019BarclaysReiterated RatingHold$215.00Low
3/1/2019Bank of AmericaSet TargetHold$230.00Low
2/5/2019BarclaysReiterated RatingHold$212.00Low
12/13/2018Jefferies Financial GroupDowngradeHold ➝ Underperform$202.00 ➝ $175.00High
10/5/2018CitigroupLower TargetNeutral ➝ Hold$235.00 ➝ $202.00Medium
8/22/2018The Goldman Sachs GroupDowngradeNeutral ➝ SellHigh
8/8/2018BarclaysReiterated RatingHold$208.00Low
8/1/2018BMO Capital MarketsReiterated RatingSell$194.00High
7/17/2018ArgusBoost TargetBuy$250.00Low
7/17/2018BarclaysBoost TargetEqual Weight ➝ Equal Weight$205.00 ➝ $212.00Medium
7/16/2018Evercore ISIDowngradeIn-Line ➝ Underperform$217.00Medium
7/12/2018CitigroupBoost TargetNeutral ➝ Neutral$200.00 ➝ $235.00Low
6/14/2018Morgan StanleyLower TargetUnderweight ➝ Underweight$199.00 ➝ $193.00Low
4/26/2018Jefferies Financial GroupReiterated RatingHold ➝ NeutralHigh
4/17/2018BarclaysReiterated RatingHold$203.00Low
(Data available from 4/1/2018 forward)

News Sentiment Rating

0.69 (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
  • 7 very positive mentions
  • 29 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2022
  • 4 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
10/3/2022
  • 5 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/2/2022
  • 3 very positive mentions
  • 25 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/2/2022
  • 3 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/1/2023
  • 11 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/31/2023
  • 10 very positive mentions
  • 31 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
3/2/2023
  • 23 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/1/2023

Current Sentiment

  • 23 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Public Storage logo
Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self-storage Operations, Ancillary Operations, and Other Items. The Self-storage Operations segment reflects the rental operations from all self-storage facilities. The Ancillary Operations segment deals with the sale of merchandise and reinsurance of policies against losses to goods stored by self-storage tenants, activities which are incidental to the primary self-storage rental activities. The Other Items segment includes general, administrative, and investment costs. The company was founded by Bradley Wayne Hughes, Sr. and Kenneth Q. Volk, Jr. in 1972 and is headquartered in Glendale, CA.
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Today's Range

Now: $302.14
Low: $295.60
High: $302.30

50 Day Range

MA: $296.65
Low: $281.46
High: $311.46

52 Week Range

Now: $302.14
Low: $270.13
High: $421.76

Volume

1,175,322 shs

Average Volume

996,959 shs

Market Capitalization

$53.10 billion

P/E Ratio

12.86

Dividend Yield

4.13%

Beta

0.44

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: BMO Capital Markets, Citigroup Inc., Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Raymond James, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and UBS Group AG.
View the latest analyst ratings for PSA.

What is the current price target for Public Storage?

11 Wall Street analysts have set twelve-month price targets for Public Storage in the last year. Their average twelve-month price target is $368.91, suggesting a possible upside of 22.1%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PSA will reach $440.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $290.00 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 5 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PSA will outperform the market and that investors should add to their positions of Public Storage.
View the latest ratings for PSA.

What other companies compete with Public Storage?

Other companies that are similar to Public Storage include Welltower, Extra Space Storage, Ventas, American Tower and Crown Castle. 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.