Shares of National Storage Affiliates (NYSE:NSA) were up 1.7% during trading on Wednesday . The stock traded as high as $20.54 and last traded at $20.53, with a volume of 220,025 shares traded. The stock had previously closed at $20.18.

Several research firms have recently weighed in on NSA. DA Davidson began coverage on shares of National Storage Affiliates in a research note on Friday, June 24th. They issued a “buy” rating and a $25.00 target price for the company. FBR & Co reiterated a “marketperform” rating and issued a $22.00 target price on shares of National Storage Affiliates in a research note on Wednesday, June 22nd. Jefferies Group lifted their target price on shares of National Storage Affiliates from $21.00 to $22.00 and gave the stock a “hold” rating in a research note on Tuesday, May 31st. Zacks Investment Research upgraded shares of National Storage Affiliates from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Friday, August 5th. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $25.00 target price (up previously from $24.00) on shares of National Storage Affiliates in a research note on Wednesday, July 6th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. National Storage Affiliates presently has a consensus rating of “Buy” and a consensus price target of $22.36.

The company’s 50-day moving average is $21.41 and its 200 day moving average is $20.21. The stock has a market capitalization of $481.63 million and a P/E ratio of 77.14.

National Storage Affiliates (NYSE:NSA) last announced its quarterly earnings data on Monday, August 8th. The real estate investment trust reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.02. The firm had revenue of $47.30 million for the quarter, compared to analysts’ expectations of $44.69 million. Equities analysts forecast that National Storage Affiliates will post $1.07 EPS for the current year.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.