Analysts Are Bullish on Top Real Estate Stocks: Americold Realty (COLD), Equinix (EQIX)
π KeyBanc analyst Todd Thomas reiterated a Buy rating on Americold Realty (COLD) with a $18.00 price target.
π° COLD shares closed at $11.31, which is significantly below the new analyst price target of $18.00.
π The Street consensus for Americold Realty is currently Hold with an average price target of $14.46.
π Equinix (EQIX) received a maintained Buy rating from BMO Capital analyst Ari Klein yesterday.
π΅ EQIX shares closed at $965.95, trading near its 52-week high of $994.03.
β Stifel Nicolaus maintains a Buy rating on Equinix with a price target of $1075.00.
π Equinix has a Strong Buy consensus with a $1046.68 average price target implying 7.9% upside.
π’ Analysts view Americold Realty as an undervalued PropCo/OpCo play with solid dividend coverage.
π‘ Multiple firms including Compass Point, Citi, and Evercore ISI have recently raised Buy ratings or price targets on Americold.
π€ Both stocks are highlighted in this section as top real estate stocks receiving bullish analyst sentiment.
β οΈ Disclaimer notes that the content contains third-party press releases and has not been reviewed by The Globe and Mail.
- KeyBanc analyst Todd Thomas reaffirmed a Buy rating on Americold Realty (COLD) with an $18.00 price target, indicating significant upside from its recent closing price of $11.31.
- Americold Realty Trust recently received multiple price target upgrades, including a raise to $14 from $11 at Citi and another from $13 at Evercore ISI, reflecting growing analyst confidence in the stock's potential.
- Equinix (EQIX) maintains a Strong Buy analyst consensus with a $1046.68 average price target, suggesting 7.9% upside from current trading levels of approximately $965.95.
- Equinix shares are trading near their 52-week high of $994.03, indicating strong momentum and positive market sentiment for the company.
- The stock's consensus price target of $14.46 suggests a Hold rating, indicating analysts do not universally agree on bullish sentiment.
- Some recent price target increases for Americold Realty are relatively modest, with Citi raising its target from $11 to $14 and Evercore ISI from $13 to $14.