AmeriCold Realty Trust (NYSE:COLD) – Stock analysts at SunTrust Banks issued their Q1 2018 earnings per share estimates for shares of AmeriCold Realty Trust in a research note issued on Tuesday. SunTrust Banks analyst K. Kim forecasts that the company will earn $0.20 per share for the quarter. SunTrust Banks has a “Buy” rating and a $21.00 price target on the stock. SunTrust Banks also issued estimates for AmeriCold Realty Trust’s Q2 2018 earnings at $0.23 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $0.98 EPS, Q1 2019 earnings at $0.25 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.26 EPS, Q4 2019 earnings at $0.33 EPS, FY2019 earnings at $1.11 EPS, FY2020 earnings at $1.21 EPS, FY2021 earnings at $1.29 EPS and FY2022 earnings at $1.39 EPS.
COLD has been the topic of several other reports. Robert W. Baird began coverage on shares of AmeriCold Realty Trust in a report on Tuesday. They set an “outperform” rating and a $20.00 price objective on the stock. Royal Bank of Canada began coverage on shares of AmeriCold Realty Trust in a report on Tuesday. They set an “outperform” rating and a $22.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of AmeriCold Realty Trust in a report on Tuesday. They set a “neutral” rating and a $19.00 price objective on the stock. Finally, Bank of America began coverage on shares of AmeriCold Realty Trust in a report on Tuesday. They set a “buy” rating and a $20.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $20.40.
In other news, major shareholder Goldman Sachs Group Inc purchased 125,000 shares of the business’s stock in a transaction on Friday, January 19th. The shares were acquired at an average cost of $17.40 per share, with a total value of $2,175,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ronald W. Burkle sold 13,581,284 shares of AmeriCold Realty Trust stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $14.90, for a total transaction of $202,361,131.60. The disclosure for this sale can be found here.
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AmeriCold Realty Trust Company Profile
Americold Realty Trust is a real estate investment trust (REIT) engaged in the provision of temperature controlled warehousing and distribution services in the United States. The Company operates 104 facilities, of which 90 are wholly owned or leased, 13 are managed for outside owners, and one is partially owned.
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