Investment firm Stifel has begun coverage of SmartStop Self Storage (SMA, Financial), issuing a Buy rating and setting a price target of $40. SmartStop, a real estate investment trust headquartered in Maryland, specializes in the operation and ownership of self-storage facilities across the United States and Canada.
According to the analyst's insights, SmartStop has numerous opportunities for growth both internally and externally. Notably, its shares are currently trading below those of its competitors in the self-storage sector, potentially offering an attractive entry point for investors.
