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Life Storage (LSI) Receives a Hold from BMO Capital

BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Life Storage (LSIResearch Report) today and set a price target of $130.00. The company’s shares closed last Wednesday at $124.10.

According to TipRanks.com, Sanabria is a 2-star analyst with an average return of 0.3% and a 45.9% success rate. Sanabria covers the Financial sector, focusing on stocks such as Retail Opportunity Investments, National Storage Affiliates, and Phillips Edison & Company.

Currently, the analyst consensus on Life Storage is a Moderate Buy with an average price target of $131.88.

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The company has a one-year high of $154.45 and a one-year low of $100.66. Currently, Life Storage has an average volume of 591.5K.

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Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. It offers commercial, vehicle, and wine storage services. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F. Myszka, and Charles E. Lannon in 1982 and is headquartered in Buffalo, NY.

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