AmeriCold Realty Trust (NYSE:COLD) has earned an average rating of “Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $20.25.

COLD has been the subject of several analyst reports. JPMorgan Chase & Co. initiated coverage on shares of AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “neutral” rating and a $19.00 price target for the company. Bank of America initiated coverage on shares of AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “buy” rating and a $20.00 price target for the company. SunTrust Banks initiated coverage on shares of AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “buy” rating and a $21.00 price target for the company. Royal Bank of Canada initiated coverage on shares of AmeriCold Realty Trust in a report on Tuesday, February 13th. They set an “outperform” rating and a $22.00 price target for the company. Finally, Robert W. Baird initiated coverage on shares of AmeriCold Realty Trust in a report on Tuesday, February 13th. They set an “outperform” rating and a $20.00 price target for the company.

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In related news, major shareholder Goldman Sachs Group Inc bought 125,000 shares of the stock in a transaction dated Friday, January 19th. The stock was acquired at an average price of $17.40 per share, for a total transaction of $2,175,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Ronald W. Burkle sold 13,581,284 shares of the company’s stock in a transaction on Tuesday, January 23rd. The shares were 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.

Shares of COLD stock traded up $0.03 on Monday, reaching $18.70. 740,787 shares of the company traded hands, compared to its average volume of 967,100. AmeriCold Realty Trust has a 1 year low of $16.13 and a 1 year high of $18.79.

The company also recently declared a special dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 30th will be issued a dividend of $0.1396 per share. The ex-dividend date is Wednesday, March 28th.

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AmeriCold Realty Trust Company Profile

Americold Realty Trust owns and operates of temperature controlled warehousing and distribution services in the United States. The Company operates through three business segments, such as warehouse, third-party managed and transportation. The warehouse segment provides temperature-controlled warehouse storage and related handling and other warehouse services.

Analyst Recommendations for AmeriCold Realty Trust (NYSE:COLD)

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