started · updated
Americold Realty Trust expands fulfillment services and receives analyst upgrades
Americold Realty Trust is expanding its role in the supply chain by providing integrated cold chain fulfillment solutions to support direct-to-consumer and omnichannel growth. The company utilizes its infrastructure and technology to manage order-level fulfillment, packaging, and last-mile delivery for food producers. One client, the protein provider Good Ranchers, has utilized these services to scale its ecommerce operations while maintaining product integrity.
In financial news, analysts have recently adjusted their outlooks for Americold Realty Trust (NYSE: COLD). Scotiabank raised its price objective for the stock from $15.00 to $16.00, maintaining a “sector perform” rating. Other institutions have also issued targets, including Royal Bank of Canada at $18.00, UBS Group at $16.00, and Evercore at $19.00. The company currently holds an average analyst rating of “Hold” with an average price target of $15.54.
Entities
Americold Realty Trust · Evercore · Good Ranchers · Scotiabank · UBS Group