Plymouth Industrial Reit (PLYM) Receives a Buy from Robert W. Baird

Robert W. Baird analyst Dave Rodgers maintained a Buy rating on Plymouth Industrial Reit (PLYMResearch Report) on November 7 and set a price target of $23.00. The company’s shares closed yesterday at $19.41.

According to TipRanks, Rodgers is a 2-star analyst with an average return of -0.5% and a 49.69% success rate. Rodgers covers the Financial sector, focusing on stocks such as Highwoods Properties, Boston Properties, and Plymouth Industrial Reit.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Plymouth Industrial Reit with a $22.20 average price target, implying a 14.37% upside from current levels. In a report released on November 4, Colliers Securities also maintained a Buy rating on the stock with a $22.00 price target.

See today’s best-performing stocks on TipRanks >>

PLYM market cap is currently $850.8M and has a P/E ratio of -24.31.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Plymouth Industrial REIT, Inc. engages in the acquisition, ownership, and management of single and multi-tenant distribution centers, warehouses, and light industrial properties. It seeks to acquire properties that provide income and growth, and enhance shareholder value through active asset management, prudent property re-positioning, and disciplined capital deployment. The company was founded by Jeffrey E. Witherell and Pendleton P. White, Jr. on March 7, 2011 and is headquartered in Boston, MA.

Read More on PLYM:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More