Bank of America Securities Reaffirms Their Buy Rating on Americold Realty (COLD)
In a report released on December 19, Samir Khanal from Bank of America Securities maintained a Buy rating on Americold Realty, with a price target of $14.00. The company’s shares closed last Friday at $12.21.
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According to TipRanks, Khanal is an analyst with an average return of -2.0% and a 50.57% success rate. Khanal covers the Real Estate sector, focusing on stocks such as Prologis, Simon Property, and Tanger.
Currently, the analyst consensus on Americold Realty is a Moderate Buy with an average price target of $14.00.
Based on Americold Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $663.67 million and a GAAP net loss of $11.37 million. In comparison, last year the company earned a revenue of $674.17 million and had a GAAP net loss of $3.73 million
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- Americold Realty Trust downgraded to Neutral from Outperform at Baird
- Ancora reports Americold Realty Trust stake, pushing for review, Bloomberg says
- Americold Realty Reaffirms 2025 Financial Outlook
- Americold Realty Trust price target lowered to $11 from $13 at Citi
- Americold Realty Trust price target lowered to $11 from $15 at Wells Fargo
