BMO Capital Sticks to Their Hold Rating for National Storage Affiliates Trust

BMO Capital Sticks to Their Hold Rating for National Storage Affiliates Trust

May 12, 2020


BMO Capital analyst Jeremy Metz maintained a Hold rating on National Storage Affiliates (NYSE:NSA) Trust on Tuesday, setting a price target of $32, which is approximately 7.96% above the present share price of $29.64.

Metz expects National Storage Affiliates Trust to post earnings per share (EPS) of $0.17 for the second quarter of 2020.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in National Storage Affiliates, with an average price target of $30.
The analysts price targets range from a high of $39 to a low of $24.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $100.57 million and a net profit of $33.91 million. The company's market cap is $2.02 billion.

According to TipRanks.com, BMO Capital analyst Jeremy Metz is a 3-star analyst with an average return of 0.7% and a 49.0% success rate.

National Storage Affiliates Trust operates as a real estate investment trust. It focuses on the ownership, operation, and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. The company was founded by Arlen D. Nordhagen in April 2013 and is headquartered in Greenwood Village, CO.

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