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RBC Capital Keeps Their Hold Rating on Americold Realty (COLD)

Tipranks - Tue May 26, 9:00PM CDT

In a report released on May 22, Michael Carroll from RBC Capital maintained a Hold rating on Americold Realty, with a price target of $16.00. The company’s shares closed last Friday at $14.81.

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Carroll covers the Real Estate sector, focusing on stocks such as Lineage, Inc., Healthpeak Properties, and Kilroy Realty. According to TipRanks, Carroll has an average return of 7.9% and a 62.41% success rate on recommended stocks.

Currently, the analyst consensus on Americold Realty is a Hold with an average price target of $14.95, a 0.95% upside from current levels. In a report released on May 14, Citi also assigned a Hold rating to the stock with a $15.00 price target.

Based on Americold Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $629.87 million and a GAAP net loss of $13.56 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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