National Storage Affiliates Trust Receives a Buy from Jefferies

By Carrie Williams

In a report released today, Omotayo Okusanya from Jefferies reiterated a Buy rating on National Storage Affiliates Trust (NYSE: NSA), with a price target of $28. The company’s shares opened today at $23.79.

According to, Okusanya is a 4-star analyst with an average return of 4.9% and a 58.5% success rate. Okusanya covers the Financial sector, focusing on stocks such as Government Properties Income Trust, Retail Properties of America Inc, and Senior Housing Properties Trust.

National Storage Affiliates Trust has an analyst consensus of Moderate Buy, with a price target consensus of $25.50.

National Storage Affiliates Trust’s market cap is currently $1.05B and has a P/E ratio of 149.31. The company has a book value ratio of 1.8071.

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National Storage Affiliates Trust operates as a real estate investment trust. It focuses on the ownership, operation, and acquisition of self-storage properties located within the top 100 metropolitan statistical areas throughout the United States. The company was founded by Arlen D. Nordhagen in April 2013 and is headquartered in Greenwood Village, CO.