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Barclays Reaffirms Their Sell Rating on Americold Realty (COLD)

Tipranks - Sat May 16, 4:12AM CDT

Barclays analyst Brendan Lynch maintained a Sell rating on Americold Realty today and set a price target of $13.00.

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According to TipRanks, Lynch is an analyst with an average return of -1.6% and a 44.94% success rate. Lynch covers the Real Estate sector, focusing on stocks such as Cushman & Wakefield, Jones Lang Lasalle, and Newmark Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Americold Realty with a $14.86 average price target.

Based on Americold Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $629.9 million and a GAAP net loss of $13.6 million. In comparison, last year the company earned a revenue of $628.98 million and had a GAAP net loss of $16.38 million

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