Sovran Self Storage Inc. (SSS), which was given an Outperform rating by FBR Capital Markets on July 12, has gained $2.85 (8.3 percent) during the past month and is currently trading above its 20-day, 50-day and 200-day moving averages.
Sovran currently has an average analyst recommendation score of 2.6 and competes for investment dollars with Digital Realty Trust Inc. and Extra Space Storage Inc., two other stocks in the real estate investment trust industry that have average analyst recommendation scores of 2.1 and 2.7, respectively.
FBR is an investment bank that focuses its banking, advisory, trading and research efforts in seven broad industry sectors including consumer, diversified industrials, energy and natural resources, financial institutions, insurance, real estate and technology, and media and telecom. The company uses the following rating scale when analyzing stocks: Outperform, Mkt Perform, Underperform.
Source: Learning Markets, Sovran Self Storage Inc.'s Reaction to Its Analyst Initiation; SSS, DLR, EXR
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