-8.75 % to Target, Morgan Stanley Keeps ‘”Equal-Weight”’ Rating on National Storage (NYSE:NSA) Shares Today

June 14, 2018 - By Hazel Jackson

National Storage Affiliates Trust (NYSE:NSA) Logo

National Storage (NYSE:NSA) Rating Reaffirmed

Stock research analysts at Morgan Stanley now has a $27 target price on National Storage (NYSE:NSA). Morgan Stanley and their recent target price means a potential downside of -8.75 % from the company’s last close price. The rating has been revealed in a report on Thursday, 14 June.

National Storage Affiliates Trust (NYSE:NSA) Ratings Coverage

Among 6 analysts covering National Storage (NYSE:NSA), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. National Storage has $30.0 highest and $23.0 lowest target. $25.40’s average target is -14.16% below currents $29.59 stock price. National Storage had 6 analyst reports since December 19, 2017 according to SRatingsIntel. B. Riley & Co maintained the shares of NSA in report on Tuesday, February 27 with “Neutral” rating. The stock has “Outperform” rating by Wells Fargo on Tuesday, December 19. The stock of National Storage Affiliates Trust (NYSE:NSA) earned “Hold” rating by Citigroup on Tuesday, February 13. The firm has “Hold” rating by FBR Capital given on Tuesday, January 2. The rating was maintained by Jefferies with “Buy” on Monday, March 5.

The stock increased 1.06% or $0.31 during the last trading session, reaching $29.59. About 83,897 shares traded. National Storage Affiliates Trust (NYSE:NSA) has risen 10.29% since June 14, 2017 and is uptrending. It has underperformed by 2.28% the S&P500.

Analysts await National Storage Affiliates Trust (NYSE:NSA) to report earnings on August, 1. They expect $0.34 EPS, up 9.68 % or $0.03 from last year’s $0.31 per share. NSA’s profit will be $27.03 million for 21.76 P/E if the $0.34 EPS becomes a reality. After $0.32 actual EPS reported by National Storage Affiliates Trust for the previous quarter, Wall Street now forecasts 6.25 % EPS growth.

National Storage Affiliates is a real estate investment trust. The company has market cap of $2.35 billion. The firm invests in the real estate markets of top 100 metropolitan statistical areas across United States. It has a 187.28 P/E ratio. It engages in ownership, operation, and acquisition of self storage facilities.

More news for National Storage Affiliates Trust (NYSE:NSA) were recently published by: Businesswire.com, which released: “National Storage Affiliates Trust Announces Increase in Quarterly Common Dividend” on May 23, 2018. Businesswire.com‘s article titled: “National Storage Affiliates Trust Announces the Appointment of Tiffany S. Kenyon as Senior Vice President and Senior …” and published on May 16, 2018 is yet another important article.

National Storage Affiliates Trust (NYSE:NSA) Ratings Chart

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