Berenberg Bank Maintains a Buy Rating on Americold Realty (COLD)

Berenberg Bank analyst Nate Crossett maintained a Buy rating on Americold Realty (COLDResearch Report) yesterday and set a price target of $33.00. The company’s shares closed last Thursday at $27.87.

According to TipRanks.com, Crossett is a 3-star analyst with an average return of 4.5% and a 45.7% success rate. Crossett covers the Financial sector, focusing on stocks such as Radius Global Infrastructure, Offerpad Solutions, and Global Net Lease.

Currently, the analyst consensus on Americold Realty is a Moderate Buy with an average price target of $32.88, a 17.3% upside from current levels. In a report issued on February 25, Evercore ISI also maintained a Buy rating on the stock with a $34.00 price target.

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Americold Realty’s market cap is currently $7.42B and has a P/E ratio of -232.91.

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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 through following segments warehouse, third-party and transportation. The company was founded in 1931 and is headquartered in Atlanta, GA.

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