** Citi sees National Storage REIT NSR.AX to produce stable underlying earnings growth for their half-yearly results
** Brokerage retains "buy" rating and price target A$2.7
** Self-storage provider expected to report 1H25 results in February
** Citi expects earnings to improve on continued storage fee rental growth and stable like-for-like occupancy growth
** Also flags co's finance costs will start to reduce as interest rates decline and lower cost sources of funding are utilised
** 4 of 9 analysts rate the stock "buy" or higher, 4 "hold" and 1 "sell"; their median PT is A$2.55 – LSEG data
** National Storage down 1.3% so far this year as of last close, lagging behind a 5.3% gain on the ASX Real Estate index .AXRE
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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