Public Storage (NYSE:PSA) traded today at a new 52-week high of $309.99. Approximately 113,000 shares have changed hands today, as compared to an average 30-day volume of 749,000 shares.
Public Storage (NYSE:PSA) is currently priced 6.3% above its average consensus analyst price target of $288.88.
Public Storage owns and operates over 2,500 self-storage facilities in 38 states, with over 150 million net rentable square feet of storage space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Europe and to an additional 29 million net rentable square feet of commercial space in the United States through PS Business Parks.
In the past 52 weeks, shares of Public Storage have traded between a low of $183.22 and a high of $309.99 and is now at $308.22, which is 68% above that low price.
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