Evercore ISI Group Upgrades Americold Realty Trust to 'Buy'
Evercore ISI Group raised its rating on Americold Realty Trust to 'buy' with a target price of $18, a 11.73% upside from the current price.
Key Points
- Evercore ISI Group upgraded Americold Realty Trust, Inc. (NYSE:COLD) to 'buy' on June 26, 2026, setting a target price of $18.
- Evercore ISI Group's $18 price target implies 11.73% upside from Americold Realty Trust, Inc.'s ($COLD) current $16.11 share price.
- Americold Realty Trust shares traded at $14.93 on Friday, with a market cap of approximately $4.26 billion and a forward P/E ratio of 597.2.
- Insider transactions in June included both buys and sells, while analysts from firms like Wells Fargo and RBC Capital maintained 'hold' ratings.
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Evercore ISI Group has upgraded its rating on Americold Realty Trust, Inc. (NYSE:COLD) to 'buy'. The analyst Samir Khanal set a target price of $18 on June 26, 2026. Shares of Americold traded at $14.93 on Friday.
Evercore ISI Group vs. the S&P 500
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Americold Realty Trust, Inc. Stock Up 7.3%
Shares of NYSE:COLD traded near $14.93 on Friday. The company has a market cap of about $4.26 billion and a forward P/E ratio of 597.2. Its beta is 0.987, suggesting moderate volatility. Over the past year, the stock has ranged from a low of $10.1 to a high of $17.28. The 50-day moving average is $13.94, and the 200-day moving average is $12.80.
$COLD price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Americold Realty Trust reported revenue of approximately $2.60 billion, with slight growth of 0.3%. However, the company is not currently profitable, posting a net margin of -4.3% and a return on equity of -3.7%. The next earnings report is expected on August 6, 2026.
Dividend
The company pays an annual dividend of $0.92 per share, yielding 6.16%. The dividend payout ratio is 7.64%.
Insider Buying and Selling at Americold Realty Trust, Inc.
In June, several insider transactions took place at Americold Realty Trust. Richard Charles Winnall, President of International, both sold and bought 2,533 shares on June 2, 2026. Additionally, Americold Realty Trust and Kelly Hefner Barrett made transactions involving 10,124 shares on May 20, 2026.
Analysts Set New Price Targets
On June 26, 2026, Evercore ISI Group upgraded Americold Realty Trust to a 'buy' with an $18 price target. Other analysts, such as Wells Fargo and RBC Capital, maintained 'hold' ratings with targets of $15 and $16, respectively. The consensus recommendation is 'hold', with an average target price of $15.76 from 17 analysts.
About Americold Realty Trust, Inc.
Americold Realty Trust, Inc. is a key player in temperature-controlled logistics and real estate. Headquartered in Atlanta, Georgia, the company operates 230 facilities worldwide, supporting the food industry's supply chain. Led by CEO Robert Scott Chambers, Americold employs around 12,690 people.
Bottom Line
Evercore ISI Group's upgrade to 'buy' reflects a positive outlook for Americold Realty Trust, with a new target price of $18. Investors keep a close watch on such upgrades as they can influence market sentiment. Remember, this analyst action is based on past data and future expectations, which may change over time.
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