Life Storage (LSI) Stock Forecast, Price Target & Predictions
LSI Stock Forecast
Life Storage stock forecast is as follows: an average price target of $131.14 (represents a -1.64% downside from LSI’s last price of $133.32) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
LSI Price Target
The average price target for Life Storage (LSI) is $131.14 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $158.00 to $97.00. This represents a potential -1.64% downside from LSI's last price of $133.32.
LSI Analyst Ratings
According to 5 Wall Street analysts, Life Storage's rating consensus is 'Buy'. The analyst rating breakdown for LSI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Life Storage Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 02, 2023 | Jonathan Petersen | Jefferies | $97.00 | $98.50 | -1.52% | -27.24% |
| Aug 29, 2022 | Steve Sakwa | Evercore ISI | $138.00 | $134.08 | 2.92% | 3.51% |
| Aug 16, 2022 | Jonathan Hughes | Raymond James | $145.00 | $136.76 | 6.03% | 8.76% |
| Aug 15, 2022 | Ki Bin Kim | Truist Financial | $138.00 | $136.76 | 0.91% | 3.51% |
| Nov 29, 2021 | Jonathan Petersen | Jefferies | $152.00 | $132.81 | 14.45% | 14.01% |
| Nov 03, 2021 | Keegan Carl | Berenberg Bank | $158.00 | $131.22 | 20.41% | 18.51% |
| Sep 16, 2021 | Smedes Rose | Citigroup | $140.00 | $121.90 | 14.85% | 5.01% |
| May 28, 2021 | Todd Stender | Wells Fargo | $102.00 | $97.39 | 4.73% | -23.49% |
The latest Life Storage stock forecast, released on Jan 02, 2023 by Jonathan Petersen from Jefferies, set a price target of $97.00, which represents a -1.52% decrease from the stock price at the time of the forecast ($98.50), and a -27.24% decrease from LSI last price ($133.32).
Life Storage Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $133.32 | $133.32 | $133.32 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Life Storage stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Life Storage's last price of $133.32. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Feb 08, 2023 | Citigroup | - | Neutral | Downgrade |
| Jan 02, 2023 | Jefferies | - | Hold | Downgrade |
| Nov 30, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 29, 2022 | Evercore ISI | - | Outperform | Downgrade |
| Aug 16, 2022 | Raymond James | Outperform | Outperform | Hold |
Life Storage's last stock rating was published by Citigroup on Feb 08, 2023. The company Downgrade its LSI rating from "null" to "Neutral".
Life Storage Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LXP | LXP Industrial Trust | $10.16 | $14.00 | 37.80% | Buy |
| PLD | Prologis | $129.98 | $145.67 | 12.07% | Buy |
| COLD | Americold Realty Trust | $29.02 | $32.25 | 11.13% | Buy |
| PLYM | Plymouth Industrial REIT | $23.10 | $25.40 | 9.96% | Buy |
| FR | First Industrial Realty Trust | $56.34 | $60.22 | 6.89% | Buy |
| REXR | Rexford Industrial Realty | $50.59 | $54.00 | 6.74% | Buy |
| NSA | National Storage Affiliates Trust | $47.66 | $49.00 | 2.81% | Hold |
| STAG | STAG Industrial | $40.04 | $39.69 | -0.87% | Buy |
| LSI | Life Storage | $133.10 | $131.14 | -1.47% | Buy |
| TRNO | Terreno Realty | $69.53 | $66.40 | -4.50% | Buy |
| EXR | Extra Space Storage | $177.90 | $169.56 | -4.69% | Buy |
| PSA | Public Storage | $359.16 | $333.09 | -7.26% | Buy |
| CUBE | CubeSmart | $54.00 | $48.88 | -9.48% | Buy |
LSI Forecast FAQ
Is Life Storage a good buy?
Yes, according to 5 Wall Street analysts, Life Storage (LSI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of LSI's total ratings.
What is LSI's price target?
Life Storage (LSI) average price target is $131.14 with a range of $97 to $158, implying a -1.64% from its last price of $133.32. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Life Storage stock go up soon?
According to Wall Street analysts' prediction for LSI stock, the company can go down by -1.64% (from the last price of $133.32 to the average price target of $131.14), up by 18.51% based on the highest stock price target, and down by -27.24% based on the lowest stock price target.
Can Life Storage stock reach $200?
LSI's average twelve months analyst stock price target of $131.14 does not support the claim that Life Storage can reach $200 in the near future.