Americold Realty Trust downgraded by Truist with a new price target
$COLD
Real Estate Investment Trusts
Real Estate
Truist downgraded Americold Realty Trust from Buy to Hold and set a new price target of $34.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/1/2024 | $31.00 | Peer Perform → Outperform | Wolfe Research |
| 6/26/2024 | $30.00 | Neutral → Overweight | JP Morgan |
| 5/23/2024 | $27.00 → $30.00 | Sector Perform → Sector Outperform | Scotiabank |
| 4/25/2024 | $24.00 | Equal Weight | Wells Fargo |
| 3/27/2024 | $27.00 | Sector Perform | Scotiabank |
| 2/29/2024 | $31.00 | Mkt Perform → Outperform | Raymond James |
| 1/16/2024 | $31.00 → $35.00 | Hold → Buy | Truist |
| 5/8/2023 | $33.00 → $36.00 | Sector Perform → Outperform | RBC Capital Mkts |
Wolfe Research upgraded Americold Realty Trust from Peer Perform to Outperform and set a new price target of $31.00
JP Morgan upgraded Americold Realty Trust from Neutral to Overweight and set a new price target of $30.00
Scotiabank upgraded Americold Realty Trust from Sector Perform to Sector Outperform and set a new price target of $30.00 from $27.00 previously
4 - AMERICOLD REALTY TRUST (0001455863) (Issuer)
4 - AMERICOLD REALTY TRUST (0001455863) (Issuer)
4 - AMERICOLD REALTY TRUST (0001455863) (Issuer)
SC 13G - AMERICOLD REALTY TRUST (0001455863) (Subject)
SC 13G/A - AMERICOLD REALTY TRUST (0001455863) (Subject)
SC 13G/A - AMERICOLD REALTY TRUST (0001455863) (Subject)
Wolfe Research analyst Andrew Rosivach upgrades Americold Realty Trust (NYSE:COLD) from Peer Perform to Outperform and announces $31 price target.
Temperature-controlled storage and logistics company Lineage Inc. filed for an initial public offering (IPO), the latest REIT to join the public equities market. What Happened: Crain’s Detroit Business reported the filing on Thursday. The Novi, Michigan-based company is seeking $3 billion in the IPO and a valuation upwards of $30 billion. Renaissance Capital estimated the company could raise about $3.5 billion through the IPO. Lineage has 482 warehouses in operation totaling 3 billion cubic feet of capacity as of late March. The company reported revenue of $5.3 billion and a net loss of $96.2 million in 2023. The company was taken over by San Francisco private equity firm Bay Gro
Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") today announced the successful disposition of a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust, Inc. (NYSE:COLD) for $170 million, at a 7.88% cash cap rate on 3.3 years of weighted average remaining lease-term. This disposition is a significant achievement in GNL's ongoing strategic disposition initiative and aligns with the Company's 2024 full-year guidance, which projected a disposition cash cap rate range of 7% to 8%. GNL plans to use the net proceeds from this sale to reduce outstanding debt and further lower the Company's leverage. The sale of this portfolio, which
8-K - AMERICOLD REALTY TRUST (0001455863) (Filer)
10-Q - AMERICOLD REALTY TRUST (0001455863) (Filer)
8-K - AMERICOLD REALTY TRUST (0001455863) (Filer)
Achieves Double Digit Constant Currency Same Store NOI Growth Record Services Margins for a Third Consecutive Quarter Announces $148 Million Automation Development in Dallas-Fort Worth ATLANTA, GA., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company"), 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, today announced financial and operating results for the third quarter ended September 30, 2024. George Chappelle, Chief Executive Officer of Americold Realty Trust, stated, "We are pleased with our th
ATLANTA, GA., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company"), 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, today announced that the Company will release third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. A conference call will be held on Thursday, November 7, 2024 at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investor Relations section of the Company's website at www.americold.com. To listen to the live broadcast,
ATLANTA, GA., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE:COLD), 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, today announced that its Board of Directors has declared a dividend of $0.22 per share for the third quarter of 2024, payable to holders of the Company's common stock. The dividend will be payable in cash on October 15, 2024 to stockholders of record at the close of business on September 30, 2024. About Americold Realty Trust, Inc. Americold is a global leader in temperature-controlled logistics real estate and val
ATLANTA, GA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company"), 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, today announced the appointment of Bryan Verbarendse as Chief Operating Officer for North America. "We're pleased to welcome Bryan to the Americold team," said George Chappelle, Chief Executive Officer of Americold. "Bryan brings deep experience in retail and whole grocery supply chain and I am confident his experience will benefit our team and help us better serve our customers in North America
CRANBERRY TWP, Pa., March 29, 2022 /PRNewswire/ -- PLS Logistics Services (PLS), a leading, technology-driven, third-party logistics services provider, has announced today the appointment of Fred Boehler to the board of directors. Mr. Boehler, formerly the CEO of Americold Logistics (NYSE:COLD), which is one of the largest operators of temperature-controlled warehouses with over 1 billion cubic feet under management. Mr. Boehler brings over 30 years of supply chain management experience with the last 12 years focused on the cold supply chain to PLS. Before serving eight years
ATLANTA, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE:COLD) (the "Company" or "Americold"), the world's largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that its Board of Trustees has appointed George F. Chappelle Jr. as Chief Executive Officer, effective immediately. "After a thoughtful search process, the Board unanimously concluded that George is the right executive to lead Americold forward," said Mark Patterson, Chairman of the Americold Board. "George is an exemplary leader with a proven record of execution and a deep understanding of our business and industry. He ha
Achieves Double Digit Constant Currency Same Store NOI Growth Record Services Margins for a Third Consecutive Quarter Announces $148 Million Automation Development in Dallas-Fort Worth ATLANTA, GA., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company"), 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, today announced financial and operating results for the third quarter ended September 30, 2024. George Chappelle, Chief Executive Officer of Americold Realty Trust, stated, "We are pleased with our th
ATLANTA, GA., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company"), 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, today announced that the Company will release third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. A conference call will be held on Thursday, November 7, 2024 at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investor Relations section of the Company's website at www.americold.com. To listen to the live broadcast,
ATLANTA, GA., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE:COLD) (the "Company" or "Americold"), 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, announced today that its operating partnership, Americold Realty Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), has priced an underwritten public offering of $500 million of its 5.409% notes due September 12, 2034 (the "Notes"). The Notes, which were priced at 100% of their principal amount to yield 5.409% to maturity, will be fully and