Top broker puts sell rating on National Storage (ASX:NSR) shares
James Mickleboro | December 22, 2020 1:29pm |
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Who’s bearish on National Storage?
According to a note out of Goldman Sachs this week, its analysts have retained their sell rating but lifted the price target on the self-storage operator’s shares slightly to $1.57.
That update revealed that National Storage now has a total of 206 centres across Australia and New Zealand following the acquisition of 17 centres and the development of two more in FY 2021.
Management also advised that its combined Australian and New Zealand same centre occupancy has lifted to 85.7%, from 78.9% at the end of June.