Aegis Capital Starts Global Self Storage, Inc (SELF) at Buy

April 22, 2021 11:48 AM EDT
Get Alerts SELF Hot Sheet
Price: $5.35 +6.57%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 4 | New: 24
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Aegis Capital analyst Brian Hollenden initiates coverage on Global Self Storage, Inc (NASDAQ: SELF) with a Buy rating and a price target of $6.00.

Analyst says: "We arrive at our price target of $6.00 per share by taking our 2021 adjusted net operating income estimate of $5.6 million and applying a capitalization rate of 6.75% to arrive at a fair market value for SELF’s real estate assets, and then subtracting our estimate of net debt at the end of 2021. A $6.00 price target, along with a 5.4% dividend yield, represents almost 30% upside from the current share price."

For an analyst ratings summary and ratings history on Global Self Storage, Inc click here. For more ratings news on Global Self Storage, Inc click here.

Shares of Global Self Storage, Inc closed at $4.83 yesterday.

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