Public Storage
PSA: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$595.00 | Bvgwk | Xzxjbjht |
Strong Demand Should Drive Self-Storage Fundamentals in Near Term; Relaunching PSA with $326 FVE
We are relaunching the coverage of Public Storage after taking a fresh look at it. We assign a no-moat rating, a stable moat trend, and an exemplary capital allocation rating to the company. We are decreasing our fair value estimate for Public Storage to $326 per share from $340 per share.