AmeriCold Realty Trust (COLD) Now Covered by Analysts at JPMorgan Chase & Co.

Equities researchers at JPMorgan Chase & Co. assumed coverage on shares of AmeriCold Realty Trust (NYSE:COLD) in a report released on Tuesday, Marketbeat Ratings reports. The brokerage set a “neutral” rating and a $19.00 price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 5.67% from the company’s current price.

AmeriCold Realty Trust (COLD) opened at $17.98 on Tuesday. AmeriCold Realty Trust has a 12-month low of $16.13 and a 12-month high of $18.41.

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 bought at an average price of $17.40 per share, with a total value of $2,175,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald W. Burkle sold 13,581,284 shares of AmeriCold Realty Trust stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $14.90, for a total value 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.

Analyst Recommendations for AmeriCold Realty Trust (NYSE:COLD)

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