Evercore ISI Reaffirms Their Hold Rating on Americold Realty (COLD)
In a report released today, Steve Sakwa from Evercore ISI reiterated a Hold rating on Americold Realty, with a price target of $13.00.
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Sakwa covers the Real Estate sector, focusing on stocks such as Invitation Homes, Public Storage, and SL Green Realty. According to TipRanks, Sakwa has an average return of 0.0% and a 48.27% success rate on recommended stocks.
In addition to Evercore ISI, Americold Realty also received a Hold from Robert W. Baird’s Nicholas Thillman in a report issued on December 18. However, on December 19, Bank of America Securities maintained a Buy rating on Americold Realty (NYSE: COLD).
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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