RBC Capital Keeps Their Hold Rating on Americold Realty (COLD)
In a report released yesterday, Michael Carroll from RBC Capital maintained a Hold rating on Americold Realty, with a price target of $14.00. The company’s shares closed yesterday at $13.30.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Carroll covers the Real Estate sector, focusing on stocks such as Stag Industrial, Alexandria Equities, and Welltower. According to TipRanks, Carroll has an average return of 7.8% and a 61.92% success rate on recommended stocks.
In addition to RBC Capital, Americold Realty also received a Hold from Evercore ISI’s Steve Sakwa in a report issued on February 20. However, on the same day, Barclays maintained a Buy rating on Americold Realty (NYSE: COLD).
Based on Americold Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $658.45 million and a GAAP net loss of $88.34 million. In comparison, last year the company earned a revenue of $666.44 million and had a GAAP net loss of $36.22 million
Read More on COLD:
