National Storage Affiliates Trust (NSA) Receives Consensus Recommendation of “Hold” from Analysts

National Storage Affiliates Trust (NYSE:NSA) has received an average rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $26.67.

NSA has been the subject of several recent analyst reports. Robert W. Baird restated a “buy” rating and issued a $29.00 price target on shares of National Storage Affiliates Trust in a report on Wednesday, November 29th. B. Riley set a $23.00 price target on National Storage Affiliates Trust and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Zacks Investment Research upgraded National Storage Affiliates Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. SunTrust Banks reiterated a “hold” rating and set a $24.00 price objective on shares of National Storage Affiliates Trust in a report on Friday, November 24th. Finally, Jefferies Group set a $31.00 price objective on National Storage Affiliates Trust and gave the stock a “buy” rating in a report on Tuesday, November 28th.

Shares of National Storage Affiliates Trust (NYSE:NSA) opened at $23.91 on Friday. National Storage Affiliates Trust has a fifty-two week low of $21.17 and a fifty-two week high of $28.55. The stock has a market capitalization of $1,180.00 and a PE ratio of 125.84. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.12.

Large investors have recently bought and sold shares of the stock. Pinebridge Investments L.P. bought a new position in shares of National Storage Affiliates Trust during the third quarter worth about $133,000. Schroder Investment Management Group bought a new position in shares of National Storage Affiliates Trust during the third quarter worth about $155,000. Teachers Retirement System of The State of Kentucky bought a new position in shares of National Storage Affiliates Trust during the second quarter worth about $164,000. Orinda Asset Management LLC bought a new position in shares of National Storage Affiliates Trust during the fourth quarter worth about $204,000. Finally, Confluence Wealth Management LLC bought a new position in shares of National Storage Affiliates Trust during the fourth quarter worth about $204,000. Institutional investors and hedge funds own 84.39% of the company’s stock.

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About National Storage Affiliates Trust

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company 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 operating partnership subsidiary is NSA OP, LP.

Analyst Recommendations for National Storage Affiliates Trust (NYSE:NSA)

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