National Storage Affiliates Trust (NYSE:NSA) : 2 brokerage houses believe that National Storage Affiliates Trust (NYSE:NSA) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on National Storage Affiliates Trust (NYSE:NSA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 2.5.
National Storage Affiliates Trust (NYSE:NSA) : Average target price received by National Storage Affiliates Trust (NYSE:NSA) is $22.67 with an expected standard deviation of $1.51. The most aggressive target on the stock is $25, whereas the most downbeat target is $21. 6 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
National Storage Affiliates Trust (NYSE:NSA): On Tuesdays trading session , Opening price of the stock was $21.67 with an intraday high of $21.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.85. However, the stock managed to close at $21.57, a loss of 1.37% for the day. On the previous day, the stock had closed at $21.87. The total traded volume of the day was 866,653 shares.
In an insider trading activity, Hylbert Paul William Jr, director of National Storage Affiliates Trust had purchased 100 shares on March 8, 2016 in a transaction. The price per share was $18.84 and the total amount of the disclosed transaction was $1,884.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
National Storage Affiliates Trust (NSA) is a real estate investment trust focused on the ownership, operation, and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. It serves as the general partner of, and operates its business through its operating partnership subsidiary, NSA OP, LP. Its participating regional operators (PROs) include SecurCare Self Storage, Northwest Self Storage, Optivest Properties, Guardian Storage, Move It and Storage Solutions. Its PRO entered into a facilities portfolio management agreement with the Company with respect to its contributed portfolio together with asset management agreements for each property. Its FindLocalStorage.com provides an online self-storage search solution for customers and valuable leads for the Companys properties. The Companys portfolio includes over 225 self-storage properties located across 13 states with approximately 12.4 million rentable square feet.