Investment analysts at UBS Group began coverage on shares of Industrial Logistics Properties Trust (NASDAQ:ILPT) in a research note issued to investors on Tuesday, February 6th, www.benzinga.com reports. The brokerage set a “neutral” rating and a $23.00 price target on the stock. UBS Group’s target price points to a potential upside of 9.58% from the company’s previous close.
Industrial Logistics Properties Trust (NASDAQ ILPT) traded down $0.15 on Tuesday, reaching $20.99. The company had a trading volume of 182,400 shares, compared to its average volume of 482,268. Industrial Logistics Properties Trust has a 12-month low of $17.21 and a 12-month high of $24.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.07 and a current ratio of 0.07.
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About Industrial Logistics Properties Trust
Industrial Logistics Properties Trust is focused on the ownership and leasing of industrial and logistics properties throughout the United States. The Company owns 266 properties with a total of approximately 28.5 million square feet, including: 226 buildings, leasable land parcels and easements totaling approximately 16.8 million square feet located on the island of Oahu, Hawaii; and 40 properties with approximately 11.7 million square feet located in 24 other states.
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