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J.P. Morgan Keeps Their Sell Rating on SmartStop Self Storage REIT, Inc. (SMA)

Tipranks - Wed Jun 17, 7:24AM CDT

J.P. Morgan analyst Michael Mueller maintained a Sell rating on SmartStop Self Storage REIT, Inc. yesterday and set a price target of $33.00. The company’s shares closed yesterday at $32.25.

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According to TipRanks, Mueller is an analyst with an average return of -1.1% and a 49.04% success rate. Mueller covers the Real Estate sector, focusing on stocks such as Ventas, Cubesmart, and Extra Space Storage.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SmartStop Self Storage REIT, Inc. with a $34.50 average price target.

Based on SmartStop Self Storage REIT, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $78.31 million and a net profit of $9.58 million. In comparison, last year the company earned a revenue of $725 thousand and had a GAAP net loss of $4.95 million

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