Americold Realty Trust (NYSE:COLD) Coverage Initiated at Wells Fargo & Company

Investment analysts at Wells Fargo & Company began coverage on shares of Americold Realty Trust (NYSE:COLD) in a research report issued to clients and investors on Thursday, Briefing.com reports. The firm set an “equal weight” rating and a $24.00 price target on the stock. Wells Fargo & Company‘s price target points to a potential upside of 6.57% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. Barclays dropped their price target on Americold Realty Trust from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 27th. Raymond James raised Americold Realty Trust from a “market perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a report on Thursday, February 29th. Royal Bank of Canada dropped their price objective on Americold Realty Trust from $34.00 to $32.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. KeyCorp dropped their price objective on Americold Realty Trust from $37.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, March 22nd. Finally, Truist Financial raised Americold Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $31.00 to $35.00 in a report on Tuesday, January 16th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Americold Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.33.

Americold Realty Trust Stock Down 1.2 %

Shares of NYSE COLD opened at $22.52 on Thursday. Americold Realty Trust has a one year low of $22.51 and a one year high of $33.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.17 and a quick ratio of 0.17. The business’s fifty day moving average price is $25.09 and its 200-day moving average price is $27.13. The stock has a market capitalization of $6.40 billion, a PE ratio of -18.61, a P/E/G ratio of 2.01 and a beta of 0.52.

Institutional Trading of Americold Realty Trust

Large investors have recently modified their holdings of the business. VisionPoint Advisory Group LLC raised its holdings in shares of Americold Realty Trust by 74.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 914 shares of the company’s stock valued at $28,000 after buying an additional 389 shares in the last quarter. Clearstead Advisors LLC purchased a new position in Americold Realty Trust in the 3rd quarter worth approximately $33,000. GAMMA Investing LLC purchased a new position in Americold Realty Trust in the 4th quarter worth approximately $50,000. Principal Securities Inc. purchased a new position in Americold Realty Trust in the 4th quarter worth approximately $80,000. Finally, Signaturefd LLC increased its stake in Americold Realty Trust by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,746 shares of the company’s stock worth $84,000 after purchasing an additional 528 shares during the period. Institutional investors own 98.14% of the company’s stock.

Americold Realty Trust Company Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.