Notable Price Action: Is Buying Stock Like National Storage Affiliates Trust After Such Increase Winning Strategy?

Notable Price Action: Is Buying Stock Like National Storage Affiliates Trust After Such Increase Winning Strategy?

The stock of National Storage Affiliates Trust (NYSE:NSA) is a huge mover today! The stock increased 4.35% or $0.86 on November 22, hitting $20.63. About 314,044 shares traded hands or 0.26% up from the average. National Storage Affiliates Trust (NYSE:NSA) has declined 2.27% since April 20, 2016 and is downtrending. It has underperformed by 6.83% the S&P500.
The move comes after 5 months positive chart setup for the $776.30M company. It was reported on Nov, 22 by Barchart.com. We have $22.28 PT which if reached, will make NYSE:NSA worth $62.10M more.

National Storage Affiliates Trust (NYSE:NSA) Ratings Coverage

Out of 5 analysts covering National Storage Affiliates Trust (NYSE:NSA), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. National Storage Affiliates Trust has been the topic of 11 analyst reports since August 17, 2015 according to StockzIntelligence Inc. DA Davidson initiated National Storage Affiliates Trust (NYSE:NSA) on Friday, June 24 with “Buy” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, August 10. Jefferies maintained it with “Buy” rating and $17 target price in Thursday, August 20 report. The company was downgraded on Thursday, April 7 by Morgan Stanley. FBR Capital initiated National Storage Affiliates Trust (NYSE:NSA) rating on Thursday, June 23. FBR Capital has “Market Perform” rating and $22 price target. Jefferies maintained National Storage Affiliates Trust (NYSE:NSA) rating on Tuesday, May 31. Jefferies has “Hold” rating and $22 price target. The firm earned “Sell” rating on Monday, August 17 by Zacks. Jefferies upgraded National Storage Affiliates Trust (NYSE:NSA) on Wednesday, September 21 to “Buy” rating. The firm has “Hold” rating given on Tuesday, April 5 by Jefferies. The stock of National Storage Affiliates Trust (NYSE:NSA) earned “Outperform” rating by Robert W. Baird on Wednesday, March 30.

According to Zacks Investment Research, “National Storage Affiliates Trust is a real estate investment trust. The company is focused on the ownership, operation and acquisition of self-storage properties primarily in the United States. National Storage Affiliates Trust is based in Houston, United States.”

More notable recent National Storage Affiliates Trust (NYSE:NSA) news were published by: Marketwatch.com which released: “National Storage Affiliates Trust” on November 08, 2011, also Businesswire.com with their article: “National Storage Affiliates Trust Announces Formation of $630 Million Joint …” published on September 14, 2016, Businesswire.com published: “National Storage Affiliates Trust Announces Closing of iStorage Acquisition …” on October 06, 2016. More interesting news about National Storage Affiliates Trust (NYSE:NSA) were released by: Streetinsider.com and their article: “National Storage Affiliates Trust (NSA) Tops Q3 Core FFO by 2c” published on November 03, 2016 as well as Businesswire.com‘s news article titled: “National Storage Affiliates Trust Announces the Addition of Its Seventh …” with publication date: February 09, 2016.

NSA Company Profile

National Storage Affiliates Trust, incorporated on May 16, 2013, is an integrated, self-administered and self-managed real estate investment trust. The Firm is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company’s segment consists of investments in self-storage properties located in the United States. The Company’s operating partnership subsidiary is NSA OP, LP. The Firm holds interests in a geographically diversified portfolio of approximately 280 self-storage properties, located in over 20 states, comprising approximately 15.8 million rentable square feet, configured in over 123,000 storage units.

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