Life Storage Inc (NYSE:LSI) Is Now Covered By BMO Capital. What can We Expect?

September 17, 2017 - By Kurt Siggers

 Life Storage Inc (NYSE:LSI) Is Now Covered By BMO Capital. What can We Expect?

Why Has BMO Capital Given Life Storage Inc (NYSE:LSI) a $73.0 Price Target

Analysts at BMO Capital has started coverage on shares of Life Storage Inc (NYSE:LSI) in a note released on Monday morning. The company set “Sell” rating on the $3.75B market cap company.

Life Storage Inc (NYSE:LSI) Ratings Coverage

Among 11 analysts covering LSI Corporation (NYSE:LSI), 1 have Buy rating, 3 Sell and 7 Hold. Therefore 9% are positive. LSI Corporation has $105 highest and $70.0 lowest target. $79’s average target is -1.99% below currents $80.6 stock price. LSI Corporation had 19 analyst reports since September 9, 2016 according to SRatingsIntel. FBR Capital maintained it with “Hold” rating and $79 target in Friday, May 5 report. Jefferies maintained Life Storage Inc (NYSE:LSI) on Monday, June 12 with “Hold” rating. Evercore downgraded the stock to “Sell” rating in Monday, August 7 report. The stock has “Sell” rating by BMO Capital Markets on Monday, September 11. Suntrust Robinson downgraded the stock to “Hold” rating in Friday, January 20 report. The firm has “Hold” rating by Jefferies given on Thursday, August 17. The firm earned “Hold” rating on Friday, July 14 by Jefferies. The company was maintained on Thursday, March 23 by BMO Capital Markets. The company was maintained on Thursday, November 3 by FBR Capital. The firm earned “Hold” rating on Monday, September 11 by KeyBanc Capital Markets.

The stock increased 0.55% or $0.44 on September 15, reaching $80.6. About 671,044 shares traded or 3.66% up from the average. Life Storage Inc (NYSE:LSI) has declined 27.61% since September 17, 2016 and is downtrending. It has underperformed by 44.31% the S&P500.

Analysts expect (:) to report $1.35 EPS on November, 1.They anticipate $0.01 EPS change or 0.75 % from last quarter’s $1.34 EPS. After having $1.33 EPS previously, ‘s analysts see 1.50 % EPS growth.

Life Storage, Inc., formerly Sovran Self Storage, Inc., is a self-administered and self-managed real estate company. The company has market cap of $3.75 billion. The Firm acquires, owns and manages self-storage properties. It has a 70.46 P/E ratio. The Firm owns its assets and conducts its activities through Life Storage LP and subsidiaries of the Operating Partnership.

More important recent Life Storage Inc (NYSE:LSI) news were published by: Barrons.com which released: “Life Storage Set to Top Extra Space” on September 12, 2017, also Nasdaq.com published article titled: “Life Storage Reaches Analyst Target Price”, Businesswire.com published: “Life Storage, Inc. Provides Hurricane Harvey Update” on September 01, 2017. More interesting news about Life Storage Inc (NYSE:LSI) was released by: Businesswire.com and their article: “Life Storage, Inc. to Present at Bank of America Merrill Lynch 2017 Global …” with publication date: September 07, 2017.

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