News stories about AmeriCold Realty Trust (NYSE:COLD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. AmeriCold Realty Trust earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the company an impact score of 43.570480074374 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- AmeriCold Realty Trust (COLD) Earns Neutral Rating from Analysts at JPMorgan Chase & Co. (americanbankingnews.com)
- Bank of America Initiates Coverage on AmeriCold Realty Trust (COLD) (americanbankingnews.com)
- AmeriCold Realty Trust (COLD) Now Covered by SunTrust Banks (americanbankingnews.com)
- AmeriCold Realty Trust (COLD) Coverage Initiated by Analysts at Royal Bank of Canada (americanbankingnews.com)
- Zacks: AmeriCold Realty Trust (COLD) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
Several brokerages have recently weighed in on COLD. JPMorgan Chase & Co. began coverage on AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “neutral” rating and a $19.00 price target for the company. Robert W. Baird began coverage on AmeriCold Realty Trust in a report on Tuesday, February 13th. They set an “outperform” rating and a $20.00 price target for the company. SunTrust Banks began coverage on AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “buy” rating and a $21.00 price target for the company. Bank of America began coverage on AmeriCold Realty Trust in a report on Tuesday, February 13th. They set a “buy” rating and a $20.00 price target for the company. Finally, Royal Bank of Canada began coverage on AmeriCold Realty Trust in a report on Tuesday, February 13th. They set an “outperform” rating and a $22.00 price target for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $20.40.
In other AmeriCold Realty Trust news, major shareholder Goldman Sachs Group Inc acquired 125,000 shares of AmeriCold Realty Trust stock in a transaction that occurred on Friday, January 19th. The stock was bought at an average cost of $17.40 per share, for a total transaction of $2,175,000.00. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ronald W. Burkle sold 13,581,284 shares of AmeriCold Realty Trust stock in a transaction dated 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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About AmeriCold Realty Trust
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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