Raymond James Remains a Buy on Americold Realty Trust (COLD)


In a report released today, Paul Puryear from Raymond James maintained a Buy rating on Americold Realty Trust (NYSE: COLD), with a price target of $27. The company’s shares closed yesterday at $25.59, close to its 52-week high of $25.94.

According to TipRanks.com, Puryear is a 5-star analyst with an average return of 10.8% and a 75.2% success rate. Puryear covers the Financial sector, focusing on stocks such as Four Corners Property Trust, Agree Realty Corp, and Saul Centers.

Americold Realty Trust has an analyst consensus of Strong Buy, with a price target consensus of $26.25, representing a 2.6% upside. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $26 price target.

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The company has a one-year high of $25.94 and a one-year low of $16.13. Currently, Americold Realty Trust has an average volume of 902.5K.

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Americold Realty Trust, Inc. is a real estate investment trust focused on the ownership, operation, development and acquisition of temperature-controlled warehouses. The company operates in food-producing and retail markets. The company was founded in 1931 and is headquartered in Atlanta, GA.

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